FOR SALE

$ 6,500,000.00 USD

Cayman Islands - West Bay
W Bay Bch North
Listing ID: 00003015816

MLS ID: 418230 - The two Coutts parcels of land are located in a high traffic location, opposite Seven Mile Beach with great visibility. The land 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 Coutts development site is comprised of a parcel with the Coutts Building and a vacant parcel, for a total of 1.06 acres.  These parcels can accommodate a development up to 8 storeys with the scale to afford significant returns on investment.  You can develop a new 2 storey retail center on the front pad and a 7 to 8 storey building with 25 apartments behind it on the second pad.  A site redevelopment feasibility study has just been completed and is available for review.  In terms of land with vast West Bay Road frontage and high density zoni...