For a better experience on International Realty Group in Cayman, update your browser.

SEALED BID - GENESIS BUILDING 3RD FLOOR OFFICE SUITES, George Town, Grand Cayman, Cayman Islands

SEALED BID - GENESIS BUILDING 3RD FLOOR OFFICE SUITES
MLS#: 406080
TYPE: For Sale (Commercial)
Sold Date: Jul 20, 2018

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

  • SQUARE FEET:2,605
  • YEAR BUILT:1986

Property Features

  • Views -Inland Land
  • Address - Genesis Close
  • Status - Sold
  • Acreage -0.4641
  • Sector -George Town
  • Zoning -Commercial
  • Block -OPY
  • Parcel -45H17/18
  • Class -Existing
  • Construction -Concrete
  • Foundation -Slab
  • Furnished -Furnished

Enlarge this map

Jeremy Hurst

- BROKER/OWNER
+1 345 525 9900
+1 345 623 1111