Kim Lund
RE/MAX CAYMAN ISLANDSDescription
MLS ID: 418229 - Trafalgar Plaza is located in a high traffic location opposite Seven Mile Beach with great visibility. It is adjacent to Public Beach on West Bay Road in a rapidly developing area of exclusive resorts, prestigious residential developments, and fine shops, restaurants, and commercial businesses. This superior Hotel/Tourism zoned development site is comprised of 1.544 acres. The property can facilitate a development with the scale to afford significant returns on investment. This site can accommodate a new 2 storey retail center with an 8 to 10 storey building behind it with 38 apartments. A site redevelopment feasibility study has just been completed and is available for review. In terms of land with West Bay Road frontage and high density zoning, with beachfront access to a public park just across the street, sites like this very rarely become available. This is a tremendous opportunity to acquire Trafalgar Plaza, where you can gain rental income while development plans are prepared.
listing details
- Listing ID: 00003015817
- Property type: House/Villa
- Contract type: For Sale
- Price: $ 10,000,000.00
- Stories/Floor: 2
- Garage capacity: 1
- Year built: 1982
- Construction size: 0.00 Sq. Ft. - 0.00 Sq Mt.
- Lot size: 13,696.00 Sq. Ft. - 1,272.40 Sq Mt.