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CIREBA MLS LDX feed courtesy of INTERNATIONAL REALTY GROUP

BOGGY SAND ROAD PRIME DEVELOPMENT SITE

(West Bay / North West Point, Cayman Islands)
CI$5,795,000
  • 155 Width
  • 360 Depth
  • 1.18 Acres
MLS# 418969

A total of 1.18 acres of prime development land comprising three adjacent parcels one of which forms a private corridor to the top of Seven Mile Beach. The site o...

Property Description

A total of 1.18 acres of prime development land comprising three adjacent parcels one of which forms a private corridor to the top of Seven Mile Beach. The site offers direct sea views across Boggy Sand Road over Seven Mile Beach and beyond, as the beach parcel in front is a beach club facility with no view obstructing structures. The Planning Zoning is Low Density Residential which has permitted neighbouring developments including the Boggy Sands Club at three storey height. As such the subject sites offer the potential for development of a high income producing boutique multi-suite/mini luxury resort in one of Cayman's most desirable locations. The site is currently developed with two well maintained family homes which offer income producing opportunities prior to any planned redevelopment. A rare opportunity with excellent upside.

Key Features

Property Type:Land
Listing Type:Low Density Residential
Property Status:Current
Address:West Bay / North West Point
Views:Beach View
Block:5C
Parcel:227, 228, 278

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Down Payment Required $1,159,000.00
Mortgage Principal $4,636,000.00
Monthly Payment $24,887.00
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*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

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