An absolute landmark in GeorgeTown's central commercial hub, surrounded by the Government Administration building, the GT police station, Cricket Square and other prestigious and relevant commercial properties, Piccadilly Centre and Parking Garage is fully tenanted with new additions to build on the existing 7% returns. With 22000sf of office space fully tenanted, 4800sf of storage units and 167 parking spaces this is an extremely sought after commercial investment. Budgeted and realistically forecast 2027 income produces over 8% returns making this one of the best performing commercial properties in GT. The building has been substantially upgraded and maintained and is in suburb condition to hand over to new ownership.
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- Piccadilly Centre and Parking Garage
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- Piccadilly Centre and Parking Garage
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- Piccadilly Centre and Parking Garage
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- Piccadilly Centre and Parking Garage
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- Piccadilly Centre and Parking Garage
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- Piccadilly Centre and Parking Garage
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- Piccadilly Centre and Parking Garage
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- Piccadilly Centre and Parking Garage
MLS: 420703
Piccadilly Centre and Parking Garage
George Town Centr, Cayman Islands
US$13,950,000
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Piccadilly Centre and Parking Garage
Status
New
View
Inland
Listing Type
Offices/Mixed Use
Block & Parcel
14BH / 142
Acres
0.51
Direction
Opposite the GT Police Station on Elgin Ave
Location
George Town Centr, Cayman Islands
Mortgage estimate
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Highlights
Commercial
Type
72,640 sqft
Living
1995
Year Built
0.51
Acreage
New
Status
URL Copied!