Paddington Place

Commercial
56,170 sqft
416009

US$ 25,000,000

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.

Features

Garage
No
Pool
No
Views
Garden View
Furnished
No
Year built
1992
Status
Active

Location

George Town, Cayman Islands

Aditional Information

Area: 30
Road frontage: 525
Lease details: 100% Occupancy Rate
Furnished: Partially
Zoning: Commercial

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