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Fantastic investor opportunity to own this multi-family fourplex in the heart of West Bay offering an impressive 6.5% ROI. Positioned on elevated land offering a high and dry location this offers the ability for the new owner to either rent out separately or indeed rent as a collective for a large family. The property consists of Two, one beds on the upper floor, two (2) beds on the ground floor, This two story property accommodates 12 people. This property offers affordable rents and is consistency rented as it offers ample off road parking which is a major plus for any landlord. This property is newly renovated and fully furnished, offering fresh, bright interiors. The actual property sits on a corner lot which allows for privacy and also offers a regular taxi service within walking distance. This allows for tenants who don’t drive to have transport to and from work. This property is a great investment as it also has a laundry room which generates between 400 – 500 dollars a month. West Bay offers access, the new by pass allows for uncongested traffic to Camana Bay the city center of the Cayman Islands with an array of shops and boutiques, restaurants, cinema, book stores and an array of sporting options from gyms, ryde studio and juice bars. It also allows you to drive to the world famous Seven Mile beach within minutes. Property comes fully tenanted and is ready for the new owner to be realizing a return. There are many different options, you could maintain the current tenants or indeed if you are a business owner and are finding it difficult to house your employees this could be an excellent option. Great property, in a quiet location, offering a very healthy return on investment. Please call today for a private viewing.
As you reach the northernmost end of the famed Seven Mile Beach, you start to enter the community of West Bay. This increasingly popular residential community offers one of the islands widest selections of residential properties. On the eastern edge of the peninsula, you will find a range of exclusive communities that encircle the Cayman Islands Yacht Club and Governors Harbour; developments such as Stone Island and Vista del...
