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…
Where it is
What's on near George Town
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Climate · George Town
Station: ROBERTS · 1.7 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 29 |
| Feb | 29 |
| Mar | 29 |
| Apr | 31 |
| May | 31 |
| Jun | 32 |
| Jul | 32 |
| Aug | 32 |
| Sep | 32 |
| Oct | 31 |
| Nov | 30 |
| Dec | 29 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 32 |
| Feb | 12 |
| Mar | 14 |
| Apr | 28 |
| May | 78 |
| Jun | 130 |
| Jul | 114 |
| Aug | 87 |
| Sep | 108 |
| Oct | 167 |
| Nov | 117 |
| Dec | 58 |
What's nearby 344 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| Land Marbel Drive - Seven Mile Corridor Seven Mile Corridor | 3 min walk | — | CI$850,000 |
| Grand Hyatt - Beach Resort - Beachfront Suite George Town | 3 min walk | 1 | $1,395,000 |
| Grand Hyatt Beach Resort 2br Beachfront Suite George Town | 3 min walk | 2 | $4,500,000 |
| Grand Hyatt 3 Br - Panoramic Views George Town | 3 min walk | 3 | $10,995,000 |
| Grand Hyatt 3 Br - Presidential Suite George Town | 3 min walk | 3 | $10,000,000 |
| Poinsettia Condo Seven Mile Beach George Town | 3 min walk | 2 | $995,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
6 similar properties on the island advertised at within 25% of this price. Their median asking price is CI$9,995,000 — this one is asking the same. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Lacovia - Ground Floor Beachview | Seven Mile Beach | 4 | $9,995,000 | same |
| Grand Hyatt 3 Br - Presidential Suite | George Town | 3 | $10,000,000 | same |
| Lacovia East Building Residence E5b | Seven Mile Beach | 4 | $10,106,100 | +1% |
| Lacovia - Prime Beachfront - 6th Floor Residence | Seven Mile Beach | 3 | $9,879,975 | -1% |
| Lacovia - 4th Floor Corner Beachview | Seven Mile Beach | 5 | $9,840,150 | -2% |
| One Love - Deckhouse At The Ritz- Carlton | Seven Mile Corridor | 5 | $9,750,000 | -2% |
Questions this raises
Latest to buy
