PADDINGTON PLACE

  • $25,000,000
George Town, Cayman Islands
  • 56170
  • Sq Ft
  • 1992
  • Year Built

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.

Details

Updated on April 15, 2024 at 7:46 am
  • MLS#: 416009
  • Price: $25,000,000
  • Property Size: 56170 Sq Ft
  • Year Built: 1992
  • Property Type: Commercial
  • Property Status: Current

Additional details

  • Views: Garden View
  • Lot Size: 3.0400
  • Road Frontage: 525
  • Lease Details: 100% Occupancy Rate
  • Furnished: Partially
  • Zoning: Commercial
  • Block: 14C&13D
  • Parcel: 289/263&466
  • Address Paddington Lane
  • City George Town
  • Area 30
  • Country Cayman Islands

Mortgage Estimate

Your estimated monthly mortgage payment:
Monthly
  • Principal & Interest

Additional fees such as C.I Government Stamp Duty, bank commitment fees, and other minor closing fees could be added onto final purchase price.

Talk to one of our experience Corcoran agents who will guide you through your purchasing journey.

PADDINGTON PLACE

  • $25,000,000
George Town, Cayman Islands
  • 56170
  • Sq Ft
  • 1992
  • Year Built

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

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