Red Bay - Massive 112 Parcel 53 Acre Dev't Site

$25,000,000

0 Beds
0 Baths
0 Sqft
53.69 Acres
0 Garages

<p><span class="s2"><span class="bumpedFont15">Massive 53 acre development site!  Already master planned with 109 residential lots. Two apartment sites of over 2 acres each on the </span></span><span class="s2"><span class="bumpedFont15">lake and </span></span><span class="s2"><span class="bumpedFont15">water</span></span><span class="s2"><span class="bumpedFont15">way. C</span></span><span class="s2"><span class="bumpedFont15">ommercial site of over 5</span></span><span class="s2"><span class="bumpedFont15">.5</span></span><span class="s2"><span class="bumpedFont15"> acres, and roads throughout that link up to existing </span></span><span class="s2"><span class="bumpedFont15">neighbouring</span></span><span class="s2"><span class="bumpedFont15"> developments.  </span></span><span class="s2"><span class="bumpedFont15">Th</span></span><span class="s2"><span class="bumpedFont15">ere is</span></span><span class="s2"><span class="bumpedFont15"> water</span></span><span class="s2"><span class="bumpedFont15">way</span></span><span class="s2"><span class="bumpedFont15"> access lead</span></span><span class="s2"><span class="bumpedFont15">ing </span></span><span class="s2"><span class="bumpedFont15">into the North Sound, so attractive for</span></span><span class="s2"><span class="bumpedFont15"> easy boating access.  </span></span><span class="s2"><span class="bumpedFont15">A tremendous amount of work </span></span><span class="s2"><span class="bumpedFont15">on the whole site </span></span><span class="s2"><span class="bumpedFont15">has already been completed</span></span><span class="s2"><span class="bumpedFont15">,</span></span><span class="s2"><span class="bumpedFont15"> including filling most of the site.  </span></span><span class="s2"><span class="bumpedFont15">W</span></span><span class="s2"><span class="bumpedFont15">hile</span></span><span class="s2"><span class="bumpedFont15"> some work </span></span><span class="s2"><span class="bumpedFont15">is still left </span></span><span class="s2"><span class="bumpedFont15">to finish up, these lots and sites can start selling</span></span><span class="s2"><span class="bumpedFont15"> very soon</span></span><span class="s2"><span class="bumpedFont15">.  </span></span><span class="s2"><span class="bumpedFont15">T</span></span><span class="s2"><span class="bumpedFont15">he whole surrounding area </span></span><span class="s2"><span class="bumpedFont15">is comprised of</span></span><span class="s2"><span class="bumpedFont15"> existing </span></span><span class="s2"><span class="bumpedFont15">develop</span></span><span class="s2"><span class="bumpedFont15">ment with a great amount of infrastructure already in place, so this will be a high demand area for these lots and sites.</span></span><span class="s2"><span class="bumpedFont15"> Good opportunity to also develop some sites yourself or joint venture with a developer, especially with the apartment sites and commercial site.  There is a tremendous scope of profit from the sale of these lots and sites and</span></span><span class="s2"><span class="bumpedFont15"> possibly</span></span><span class="s2"><span class="bumpedFont15"> some development of them.</span></span><span class="s2"><span class="bumpedFont15"> Master planned d</span></span><span class="s2"><span class="bumpedFont15">evelopment sites of this size and quality </span></span><span class="s2"><span class="bumpedFont15">in the confines of </span></span><span class="s2"><span class="bumpedFont15">well established</span></span><span class="s2"><span class="bumpedFont15"> neighbourhoods and this close to George Town, </span></span><span class="s2"><span class="bumpedFont15">just don’t exist in Grand Cayman.</span></span><span class="s2"><span class="bumpedFont15">  </span></span><span class="s2"><span class="bumpedFont15">This is </span></span><span class="s2"><span class="bumpedFont15">a great opportunity to profit</span></span><span class="s2"><span class="bumpedFont15"> from the increasing demand for this type of property</span></span><span class="s2"><span class="bumpedFont15"> over the long term.</span></span></p>

Essential Information
MLS® #417423
Acres53.69
TypeLand
StatusArray
Community Information
AddressShamrock Road
AreaRed Bay, Savannah, Spotts
CityRed Bay, Savannah, Spotts
Amenities
ViewInland
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