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MAGELLAN QUAY, GOVERNOR'S HARBOUR HOME + 3 SEPARATE INCOME APARTMENTS

Seven Mile Beach, Cayman Islands | MLS#: 413198 | Status: Current

US$2,750,000

For Sale
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CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

About This Property

Investment property with gross annual income of US$200k call for breakdown of Income/Expenditure. Sitting on over 1/3acre of canal front land the property provides an interesting mix of accommodations with a substantial main house offering five bedrooms and a pool, with an attached self-contained one bedroom “in-law suite” that has its own entrance but can also be accessed from the primary residence if required. On the same lot but with its own private driveway are two additional rental apartments a 2bed on the ground floor and a 1bed room upstairs. Currently set-up solely for rental investment income the Magellan Quay #18 gives flexibility to allow a number of different scenarios including owner occupation plus rental income. Main House - 5 bedrooms 41/2 bath (3,562sqft) Adjoining in-law cottage - 1 bed 1bath (575sqft) Separate g/f rental - 2bed 2bath (1,040sqft) Separate upstairs rental - 1bed 1bath (450sqft) Please email for a breakdown of the rental income

Property Features

  • Property Type
    Residential (Single Family Home)
  • Bedrooms
    5
  • Bathrooms
    4.5
  • Property Size
    5627.00 Sq Ft
  • Block
    11C
  • Den
    No
  • Parcel
    208
  • Views
    Canal Front
  • Year Built
    1999
  • Sea Frontage
    60
  • Foundation
    Slab
  • Furnished
    Yes
  • Den
    Yes
  • Garage
    No
  • Zoning
    Low Density residential
  • Pool
    Yes

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US$550,000
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US$2,200,000
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US$11,810
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US$0

Property Location

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

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Neighbourhood

Seven Mile Beach Corridor

Neighbourhood

Seven Mile Beach Corridor

213+ Properties

The Caribbean’s most famous address is known for the grand condominiums and residential resorts that line the beach. Diverse neighbourhoods and canal communities can also be found all along the corridor. Popular for single-family homes are Governor’s Harbour, Vista del Mar, Yacht Club, Salt Creek, Canal Point, Snug Harbour and the area developing around the mixed-use town of Camana Bay.

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