ADJUSTED PRICE - BOGGY SAND ROAD PRIME DEVELOPMENT SITE

A total of 1.18 acres of prime development land comprising three adjacent parcels one of which forms a private corridor to the top of Seven Mile Beach. The site offers direct sea views across Boggy Sand Road over Seven Mile Beach and beyond, as the beach parcel in front is a beach club facility with no view obstructing structures. The Planning Zoning is Low Density Residential which has permitted neighbouring developments including the Boggy Sands Club at three storey height. As such the subject sites offer the potential for development of a high income producing boutique multi-suite/mini luxury resort in one of Cayman's most desirable locations. The site is currently developed with two well maintained family homes which offer income producing opportunities prior to any planned redevelopment. A rare opportunity with excellent upside. Price allow greater projected returns.