Really great location right on the Caribbean Sea with an easy, short walk to George Town. This small, three storey multifamily property has two 2 bedroom/2 bathroom residences of 1,072 sq. ft. on each floor, all with gorgeous Seafront views and sunsets. The residences are always in demand and currently rented to long-term tenants. Lots of potential here to upgrade residences and increase long-term rental rates, rent shorter term for more income, or stratify the residences and sell individually. The property is 0.5 acres with approximately 115 feet on the Sea and 235 feet deep. Well maintained. Excellent long-term investment for rental income and capital appreciation.
MLS: 420133
Coastline Towers - George Town Seafront
George Town South, Cayman Islands
US$3,500,000
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Coastline Towers - George Town Seafront
Status
Pen/Con
View
Water Front, Water View
Listing Type
Apartment Building/Condo Building
Block & Parcel
14E / 12
Pets Allowed
Yes
Acreage
0.50
Direction
Just past central George Town on the Seaside to the south across from Eden Road at 186 South Church Street.
Location
George Town South, Cayman Islands
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Highlights
Multi-Unit
Type
12
Beds
12
Baths
6,432 sqft
Living
1970
Year Built
0.50
Acreage
115
Width
235
Depth
Pen/Con
Status