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MLS: 420133

Coastline Towers - George Town Seafront

George Town South, Cayman Islands

US$3,500,000

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About this property

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.

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Property details

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

Mortgage estimate

30
3500000.00$
20
5
30

Your estimated monthly mortgage payment

$15,031
Mortgage Size
$700,000
Mortgage Interest
$0
Total Mortgage Paid
$2,800,000

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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

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