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OFFERED FOR SALE BY SEALED BID - FOR INFORMATION PROSPECTUS CONTACT JEREMY HURST - jeremy@irg.ky/5259900
Well under market value - US$191 psf at asking price.
Nicely fitted and furnished office suite comprising two adjacent strata units H17 (1,140sf) and H18 (1,465sf) previously offices of BANIF. Unit can be subdivided into two smaller units or leased as a whole. Space should generate a net operating income in region of US$60,000 per annum at current market rents offering an investor a significant return on investment. Ideal as a passive investment or as a centrally-located Cayman offices for an owner/occupier. The building boasts quality long term tenants including the Samson McGrath and Sinclairs law firms, Kensington Management and Bould Consulting. Owners are motivated to sell.
The Property is listed under market value
The capital city of the Cayman Islands, George Town, is the historic base of the jurisdiction’s booming financial services industry. George Town is also a mecca for tourists; during peak season, the waterfront and town teaming with life as groups of visitors disembark from the cruise ships moored just offshore. In addition to a wide range of prime retail premises and Class A office buildings, George Town also offers a numbe...
