PADDINGTON PLACE

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PADDINGTON PLACE

George Town Centre, Cayman Islands

MLS#: 416009
Year Built: 1992
Type: Multi-Unit
Status: Current

CIREBA MLS LDX feed courtesy of TRIDENT PROPERTIES (CAYMAN ISLANDS) LTD

Description

Are you looking to diversify your investments in one of the most business friendly countries on earth? Welcome to this amazing opportunity in the Cayman Islands. The opportunities with property are massive. One of the buildings is stratified so you can sell them off independently. The 170+ storage units are completely rented out with tenants waiting. You also have the potential to build another level on the storage units so you could double your income. It is conveniently located next to the busiest traffic area in Cayman with thousands of cars viewing it daily. In addition to that, there is a gas station and Starbucks currently being built next door so the visibility and value will only increase. If you like strong passive cash flow and appreciation this is the opportunity of a lifetime. The Cayman Islands is known for being one of the friendliest, safest islands in the Caribbean. The Cayman Islands has no capital gains taxes, income taxes, property taxes or estate taxes so it's an investors paradise.

Lot Size: 3.0400
Views: Garden View
Year Built: 1992
Road Frontage: 525
Furnished: Partially
Zoning: Commercial
Block: 14C&13D
Parcel: 289/263&466
Acres: 3.04

Multi-Unit for sale in George Town Centre, Cayman Islands.

US$25,000,000

Estimated Mortgage Payment: 107364/mo*

56,170 Sqft

Interested In This Property?

Carolyn Ritch

Board of Directors Member for CIREBA

The Neighbourhood

George Town

George Town is where island life meets the liveliness of city life. Around the cruise terminal, you can find many waterfront homes along with various commercial buildings. Principal attractions in George Town include the Stingray City, Aibanks Dive Center, Cayman Islands National Museum, Cayman Turtle Farm and Queen Elizabeth II Botanic Park.

View George Town properties

*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).