South seven mile corridor development land with investment properties

George Town
421027
MLS #
26
Bedrooms
27
Bathrooms
2.03
Lot Size
CIREBA MLS LDX feed courtesy of WILLIAMS2 REAL ESTATE

Property Overview

  • MLS # 421027
  • Price CI $9,995,000
  • Property Type Apartment Building / Condo Building
  • Property Status New
  • Property Location George Town Center
  • Bedrooms 26
  • Bathrooms 27
  • Year Built 1990
  • Lot Size 2.03
  • Land area 20 SqFt
  • View Garden View
  • Block 13E
  • Parcel 179
  • Square Feet 16476
  • Pool No
  • Foundation Slab
  • Furnished Yes
  • Zoning High Density Residential

Property Description

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South Seven Mile Corridor Development Land with Income Producing Investment Properties
A Landmark Development Opportunity in Grand Cayman’s Growth Corridor
Combining immediate income with exceptional long-term development potential, this 2.025-acre development site presents one of the most compelling investment opportunities within the South Seven Mile Corridor. Offered with an established portfolio of income-producing properties generating approximately CI$30,000 net per month, the site provides investors and developers with the rare advantage of strong holding income while planning for future redevelopment.
Currently improved with multiple investment properties comprising 27 bedrooms, 26 bathrooms, and approximately 16,476 square feet of accommodation, each unit benefits from separate utility meters, providing operational efficiency and convenience for both landlords and tenants. This established rental income creates immediate cash flow while preserving significant future development potential.
Positioned in one of Grand Cayman’s fastest-growing investment locations, the property sits directly opposite the Grand Hyatt Resort and is surrounded by major residential, hospitality, and commercial developments that continue to transform the area. The site is within walking distance of Seven Mile Beach, Camana Bay, and the George Town waterfront, placing restaurants, shopping, entertainment, and Cayman’s central business district within easy reach.
With development potential for approximately 84 bedrooms or 50 residential units (subject to planning approval), this property offers outstanding flexibility for developers looking to capitalise on the continued growth of the Seven Mile Corridor. As George Town expands and surrounding property values continue to strengthen, opportunities of this scale and location are becoming increasingly rare.
Whether you’re seeking a high-performing investment with immediate returns or a landmark redevelopment opportunity in one of Grand Cayman’s most valuable growth corridors, this South Seven Mile Corridor development property offers exceptional scale, location, and long-term potential.

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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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