Trafalgar Plaza – Coutts Bldg. Sites

Sell Current

US$16,500,000

W Bay Bch North Cayman Islands

CommercialOffices/Mixed Use
MLS# 417300
113430 SqFt

High traffic location opposite Seven Mile Beach with great visibility. Adjacent to Public Beach on West Bay Road in a rapidly developing area of exclusive resorts, prestigious residential developments, and fine shops, restaurants, and commercial businesses.  This superior Hotel/Tourism zoned development site can be sold as one complete site or two separate sites. The Coutts property is comprised of 1.06 acres and the Trafalgar Plaza site of 1.544 acres. Both sites can accommodate a development up to 10 storeys with the scale to afford significant returns on investment.  On the Coutts property site, you can develop a new 2 storey retail center on the front pad and a 7 to 8 storey building with 25 apartments behind it on the second pad.  For the Trafalgar parcel, you can develop a new 2 storey retail center with an 8 to 10 storey building behind it with 38 apartments.  A site redevelopment feasibility study has just been completed.  In terms of land with West Bay Road frontage and high density zoning, with beachfront access to a public park just across the street, these sites very rarely become available.  This is a tremendous opportunity to acquire two sites that can be developed at the same time or individually.  Continue to rent out the Coutts building and Trafalgar Plaza to gain rental income while development plans are prepared.

Address

  • Block : 11B
  • Parcel : 55,58,79
  • Area : 55,58,79 W Bay Bch North
  • Country : Cayman Islands
  • Latitude - Longitude : 19.34775283973919 -81.38183803258819
  • Direction : 1428 and 1446 West Bay Road, adjacent to Public Beach.

Property Detail: Updated on : April 18, 2024 6:00 am

  • MLS# : 417300
  • Property For : Sell
  • Property Status : Current
  • SquareFeet : 113430
  • Year Build : 1980
  • Acreage : 2.6
  • Views : B
  • Property Type : CommercialOffices/Mixed Use

Other Features

  • Stories : 2
  • Court Order : No
  • Forced Sale : No
  • Water Frontage : No
  • Stories Building : 2
  • Garage : No
  • Fence : No
  • Den : No
  • Living Room : No
  • Kitchen : No
  • Family Room : No
  • Dining Area : No
  • Breakfast : No
  • Pool : No
  • Covenant : No
  • City Water : No
  • Patio : No
  • Zoning : Hotel/Tourism
  • Class : Existing
  • Construction : Block
  • Foundation : Slab
  • Frontage Road : CityMaintained
  • Road Frontage : 700
  • How Shown : By Appointment/List
  • Land Certificate : Not Issued
  • Occupant : Tenant
  • Oven Or Range : No
  • Dishwasher : No
  • Microwave : No
  • Refrigerator : No
  • Tennis : No
  • Monthly Maint Cost Curr : CI$
  • Insurance In Maint : No
  • Sewage In Maint : No
  • Monthly Insurance Curr : CI$
  • Monthly Sewage Curr : CI$
  • Annual Income Curr : CI$
  • Pets In Maint Cost : No
  • Pets Maint Cost Curr : CI$
  • Tv In Maint Cost : No
  • Tv Maint Cost Curr : CI$
  • Ac In Maint Cost : No
  • Ac Maint Cost Curr : CI$
  • Pool In Maint Cost : No
  • Pool Maint Cost Curr : CI$
  • Gardening In Maint Cost : No
  • Possession : At closing
  • Road Surface : Asphalt
  • Title : Freehold
  • Car Port : No
  • Utility : No
  • Septic : No
  • Sewer : No
  • Well : No
  • Cistern : No
  • Disposal : No
  • Dock : No
  • Security Alarm : No
  • Elevator : No
  • Annual Operating Costs Curr : US$
  • Annual Operating Costs : 150000
  • Media Room : No
  • Wine Room : No
  • Health Center : No
  • Gym : No
  • Hurricane Shutters : No
  • Storm Windows : No
  • Currency : US$

Listing Location

Michael Binckes
Sales Associate

+1 (345) 945 2011

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