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Location, Location, Location!
Rarely does a development parcel of this scale become available so close to central George Town. This 5.8-acre site just off Fairbanks Road combines substantial acreage with approximately 1,200 feet of road frontage.
The site offers significant flexibility for future development. Concepts could include a 21-house-lot residential subdivision or a large scale condominium development of up to 87 units, with a maximum number of 129 bedrooms. This range of possibilities allows developers to consider the approach best suited to the site and surrounding area.
The property offers excellent proximity to schools, offices, everyday amenities, grocery stores, Sports fields, the new Aquatic center, providing the connectivity particularly important for a future residential community.
Offered at CI$8,950,000, Fairbanks Development Land represents a rarely available opportunity for multiple potential development pathways close to the heart of Grand Cayman.
All development concepts, densities, unit counts, and bedroom counts are subject to planning consent and applicable regulations. Prospective purchasers should undertake independent legal, planning, surveying, infrastructure, elevation, and development due diligence.
images: Courtesy of Cayman Islands Lands Registry
As you follow the waterfront south out of George Town, you enter the community of South Sound. This popular area occupies the southwestern most corner of Grand Cayman and offers numerous points at which to enter its crystal clear, reef-protected waters. The coastline of South Sound is populated by a series of luxurious single-family homes, eye-catching contemporary condo developments and low-density complexes. South Sound h...
