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Property Detail

Peninsula Avenue - 5 Unit Canal Front Rental Complex Governor's Harbour

For Sale West Bay, Cayman Islands
US$2,750,000 MLS# 413208
  • 6
  • 6
  • 6000
  • 2006
CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Description:

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.

Property Details:

Property Type: Multi-Unit
Listing Type: Apartment Building/Condo Building
Property Status: Back On The Market
Address: Peninsula Avenue, West Bay
Views: Canal Front
Den: No
Block: 11C
Parcel: 315H1H2H3H4
Foundation: Slab
Zoning: Low Density residential
Garage: No
Furnished: Yes
Sea Frontage: 80

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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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