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5 unit canal front rental complex governor’s harbour

West Bay Beach North
413208
MLS #
6
Bedrooms
6
Bathrooms
0.50
Lot Size
CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Property Overview

  • MLS # 413208
  • Price US $2,900,000
  • Property Type Multi-Unit
  • Property Status New
  • Bedrooms 6
  • Bathrooms 6
  • Year Built 2006
  • Lot Size 0.50
  • Land area 20 SqFt
  • View Canal Front
  • Garages No
  • Block 11C
  • Parcel 315H1H2H3H4
  • Square Feet 6000.00
  • Pool No
  • Pets Allowed No
  • Foundation Slab
  • Furnished Yes
  • Zoning Low Density residential
  • Sea Frontage 80

Property Description

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Beside Seven Mile Beach itself, the ‘Seven Mile Beach Corridor’ is the most sought after locale for long-term tenants in the Cayman Islands. Peninsula Avenue, Governor’s Harbour therefore offers an unbeatable location for rental apartments, sitting on the canal between Magellan Quay South and Jellicoe Quay. From front door to feet in sand on Seven Mile Beach is approximately 1,600ft. and just to the north of Public Beach sits the Kimpton Seafire Resort and Spa, not to mention the additional development that has already been approved and slated for this area, including another DART master planned town that will reach between Seven Mile Beach and the Cayman Islands Yacht Club.

Peninsula Avenue 374 offers a 1/2acre canal front site comprising five rental apartments; one spacious two bed and four one bed homes all sold fully furnished.

For a full break down of rental income please email.

The adjacent property to this on Magellan Quay is also for sale presenting the savvy investor with a rare opportunity to acquire two key stone investment properties in an area set for significant future growth and capital appreciation.

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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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