DEVELOPER'S DREAM | HOTEL/TOURISM DEVELOPMENT LAND

West Bay South, Cayman Islands

MLS#: 421318

1145 Width
631 Depth

US$47,000,000

Malin Ratcliffe

Owner/Broker

+1 (345) 916-7289

CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Features

Type: Land
Status: Active
Block: 5C
Parcel: 176REM1
Width: 1145
Depth: 631
Acre: 11.70
View: Water View

Details

11.7 Acres | 966 ft Road Frontage | Hotel/Tourism Zoning This rare 11.7-acre canvas is one of the largest vacant Hotel/Tourism-zoned parcels on West Bay Road, situated across from famous Seven Mile Beach. This jewel holds the potential for two 10 storey hotel towers, multi-family residences or a mixed-use commercial master plan. This is a golden opportunity to create a truly significant Grand Cayman development. Key Features • One of the largest vacant Hotel/Tourism-zoned parcels on West Bay Road • Zoning, scale and potential for two ten storey towers • Hotel, hospitality, commercial and mixed-use development potential • A high degree of planning flexibility with maximum potential • Density of up to 65 hotel bedrooms or 25 apartments per acre • 40% site coverage permitted Any proposed development is subject to applicable regulations and required Cayman Islands planning approvals. The Jurisdiction No property tax, income tax or capital gains tax. A politically stable British Overseas Territory under English common law, with sustained tourism and high-net-worth demand.

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).