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Magellan quay, governor’s harbour home + 3 separate income apartments

Seven Mile Beach
413198
MLS #
5
Bedrooms
4.5
Bathrooms
0.38
Lot Size
CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Property Overview

  • MLS # 413198
  • Price US $2,750,000
  • Property Type Single Family Home
  • Property Status Current
  • Property Location West Bay Beach North
  • Bedrooms 5
  • Bathrooms 4.5
  • Year Built 1999
  • Lot Size 0.38
  • Land area 20 SqFt
  • View Canal Front
  • Garages No
  • Block 11C
  • Parcel 208
  • Square Feet 5627.00
  • Den Yes
  • Pool Yes
  • Foundation Slab
  • Furnished Yes
  • Zoning Low Density residential
  • Sea Frontage 60

Property Description

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Investment property with gross annual income of US$130k, call for breakdown of Income/Expenditure.
Sitting on over 1/3acre of canal front land the property provides an interesting mix of accommodations with a substantial main house offering five bedrooms and a pool, with an attached self-contained one bedroom “in-law suite” that has its own entrance but can also be accessed from the primary residence if required. On the same lot but with its own private driveway are two additional rental apartments a 2bed on the ground floor and a 1bed room upstairs. Currently set-up solely for rental investment income the Magellan Quay #18 gives flexibility to allow a number of different scenarios including owner occupation plus rental income.

Main House – 5 bedrooms 41/2 bath (3,562sqft)

Adjoining in-law cottage – 1 bed 1bath (575sqft)

Separate g/f rental – 2bed 2bath (1,040sqft)

Separate upstairs rental – 1bed 1bath (450sqft)

Please email for a breakdown of the rental income

Clicks: 41

Map Location

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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