SPOTTS PRIME DEVELOPMENT OPPORTUNITY

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SPOTTS PRIME DEVELOPMENT OPPORTUNITY

Spotts, Cayman Islands

MLS#: 418327
Type: Land
Status: Current

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

Description

This property offers exceptional development potential, perfectly suited for a large-scale residential project. With a natural lake/pond on site, you have the added benefit of easily sourcing fill for the entire property. The un-improved easement off the East/West Bypass provides direct road access, enhancing the convenience of future development. Zoned for low-density residential use, the property is ideal for creating approximately 120 house lots, each with significant retail value. Alternatively, it could be developed into a middle-income housing community, offering tremendous investment potential in a growing area.

Views: Garden View
Zoning: Low Density residential
Soil: Black
Block: 24D
Parcel: 13REM1
Acres: 48

Land for sale in Spotts, Cayman Islands.

CI$5,500,000

Estimated Mortgage Payment: 23620/mo*

525 Width
4,100 Depth

Interested In This Property?

Carolyn Ritch

Board of Directors Member for CIREBA

The Neighbourhood

Red Bay & Prospect

Red Bay & Prospect is a short drive from the central city with excellent real estate options for people who like the busy city life and individuals who prefer a secluded existence. Both these areas are one of the fastest-growing in Grand Cayman.

View Red Bay & Prospect 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).