USD $ 13,950,000.00

Features
  • Bedrooms: 0
  • Bathrooms: 0
Address

George Town Centr, Block: 14BH, Parcel: 142, Area: 30, George Town Centr, George Town

This property has been viewed 56 times.

Description

MLS ID: 420703 - 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.

Overview
  • ID: 00003001264
  • Property type: House/Villa
  • Bedrooms: 0
  • Bathrooms: 0
  • Stories/Floor: 5
  • Lot size: 72,640.00 Sq. Ft.
  • Year built: 1995
LISTING DETAILS
Listing ID:
00003001264
Property type:
House/Villa
Contract type:
For Sale
Price:
USD $ 13,950,000.00
Stories/Floor:
5
Garage capacity:
1
Year built:
1995
Construction size:
0.00 Sq. Ft.
Lot size:
72,640.00 Sq. Ft. - 6,748.48 Sq Mt.
Features
  • New
  • Air conditioning
  • View
Map
  • Address
    George Town Centr, Block: 14BH, Parcel: 142, Area: 30, George Town Centr, George Town
Contact information
avatar
Michael Binckes
RE/MAX CAYMAN ISLANDS