5 Unit Canal Front Rental Complex Governor’s Harbour

Multi-Unit
6,000 sqft
6
6
413208

US$ 2,900,000

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.

Features

Garage
No
Pool
No
Views
Canal Front
Furnished
No
Year built
2006
Status
Active

Location

Seven Mile Beach Area, Cayman Islands

Aditional Information

Area: 20
Sea frontage: 80
Pool: No
Foundation: Slab
Furnished: Yes
Garage: No
Zoning: Low Density residential

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