:: Paddington Place

Business · Commercial George Town · Cayman Islands

For Sale US$ 25,000,000 CI$ 20,500,000¹¹ CA$ 34,218,050¹¹ EU€ 23 204 250¹¹
CIREBA# 416009CLS 1151342
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Property Details

  • CIREBA 416009
  • Location George Town (Grand Cayman)
  • Country Cayman Islands
  • Class Commercial
  • Business Kinds Depot / Warehouse Storage business
  • Land 3.04 Acres
  • Flr.Area 56,170 ft²
  • Category Business

Features and Amenities

Property Remarks

Are you looking to diversify your investments in one of the most business friendly countries on earth? Welcome to this amazing opportunity in the Cayman Islands. The opportunities with property are massive. One of the buildings is stratified so you can sell them off independently. The 170+ storage units are completely rented out with tenants waiting. You also have the potential to build another level on the storage units so you could double your income. It is conveniently located next to the busiest traffic area in Cayman with thousands of cars viewing it daily. In addition to that, there is a gas station and Starbucks currently being built next door so the visibility and value will only increase. If you like strong passive cash flow and appreciation this is the opportunity of a lifetime. The Cayman Islands is known for being one of the friendliest, safest islands in the Caribbean. The Cayman Islands has no capital gains taxes, income taxes, property taxes or estate taxes so it's an investors paradise. Lease Details: 100% Occupancy Rate

(¹) Listed Amount was converted based on recent interbank exchange rates. We do not guarantee the accuracy of these amounts.