North church st prime development site
Property Overview
MLS # 418263 Price US $5,300,000 Property Type Land Property Status Current Property Location George Town Center Lot Size 2.74 Land area 30 SqFt View Water View Block 14BG Parcel 23,26,78,79,83,84 Width 240.00 Depth 540.00 Soil Other Zoning Commercial Road Frontage 800
Property Description
Prime George Town Land Assemblage offering direct ocean front views along with an already strong but, about to be significantly improved, location. The site boasts 240 feet (approx) of North Church Street road frontage with impressive ocean views and an additional 500 feet (approx) on the new Wahoo Close/Godfrey Nixon Way extension linking the Esterly Tibbets Bypass directly to North Church Street across Eastern Avenue. This major new road, once opened will make this already attractive site even more desirable and ideal for an premier office, mixed use of primarily retail development with high kerb appeal and great views.
The site, which will still total just over two-acres once the road is complete, can be developed to five storeys and the rear lots provide excellent parking and the opportunity for further development as say storgage units or apartments with direct access onto Diaz Lane.
The site is high and dry and well elevated to around 8′ above mean sea level and currently developed as an asphalt-surfaced parking lot offering an income opportunity whilst plans for the site are being developed.
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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).