PENINSULA AVENUE – 5 UNIT CANAL FRONT RENTAL COMPLEX GOVERNOR’S HARBOUR

  • $2,750,000
W Bay, Cayman Islands
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • No
  • Garage
  • 6000
  • Sq Ft
  • 2006
  • Year Built

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.

Details

Updated on June 2, 2023 at 8:50 pm
  • MLS#: 413208
  • Price: $2,750,000
  • Property Size: 6000 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 6
  • Garage: No
  • Year Built: 2006
  • Property Type: Multi-Unit
  • Property Status: Current

Additional details

  • Views: Canal Front
  • Lot Size: 0.5000
  • Sea Frontage: 80
  • Pool: No
  • Pets Allowed: No
  • Foundation: Slab
  • Furnished: Yes
  • Zoning: Low Density residential
  • Block: 11C
  • Parcel: 315H1H2H3H4
  • Address Peninsula Avenue
  • City W Bay
  • Area 20
  • 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.

Video

PENINSULA AVENUE – 5 UNIT CANAL FRONT RENTAL COMPLEX GOVERNOR’S HARBOUR

  • $2,750,000
W Bay, Cayman Islands
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • No
  • Garage
  • 6000
  • Sq Ft
  • 2006
  • Year Built

CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Similar Listings

  • $5,000,000
  • $1,645,000
  • $5,650,000

GOVERNORS HARBOUR CANAL FRONT HOME – NELSON QUAY

  • 5
  • Bedrooms
  • 4.5
  • Bathrooms
  • 2
  • Garages
  • 7500 Sq Ft
  • Sq Ft
  • MLS#: 414708

Compare listings

Compare