South Seven Mile Corridor Development Land With Investment Properties, George Town

Description

South Seven Mile Corridor Development Land with Income Producing Investment Properties A Landmark Development Opportunity in Grand Cayman's Growth Corridor Combining immediate income with exceptional long-term development potential, this 2.025-acre development site presents one of the most compelling investment opportunities within the South Seven Mile Corridor. Offered with an established portfolio of income-producing properties generating approximately CI$30,000 net per month, the site provides investors and developers with the rare advantage of strong holding income while planning for future redevelopment. Currently improved with multiple investment properties comprising 27 bedrooms, 26 bathrooms, and approximately 16,476 square feet of accommodation, each unit benefits from separate utility meters, providing operational efficiency and convenience for both landlords and tenants. This established rental income creates immediate cash flow while preserving significant future development potential. Positioned in one of Grand Cayman's fastest-growing investment locations, the property sits directly opposite the Grand Hyatt Resort and is surrounded by major residential, hospitality, and commercial developments that continue to transform the area. The site is within walking distance of Seven Mile Beach, Camana Bay, and the George Town waterfront, placing restaurants, shopping, entertainment, and Cayman’s central business district within easy reach. With development potential for approximately 84 bedrooms or 50 residential units (subject to planning approval), this property offers outstanding flexibility for developers looking to capitalise on the continued growth of the Seven Mile Corridor. As George Town expands and surrounding property values continue to strengthen, oppor…