Spotts prime development opportunity

Prospect / Spotts

418327

MLS #

48.00

Lot Size

CIREBA MLS LDX feed courtesy of 1503 PROPERTY GROUP LTD

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Property Overview

MLS # 418327
Price CI $5,500,000
Property Type Low Density Residential
Property Status Current
Property Location Spotts
Lot Size 48.00
Land area 40 SqFt
View Garden View
Block 24D
Parcel 13REM1
Width 525.00
Depth 4100.00
Soil Black
Zoning Low Density residential

Property Description

This property offers exceptional development potential, perfectly suited for a large-scale residential project. With a natural lake/pond on site, you have the added benefit of easily sourcing fill for the entire property. The un-improved easement off the East/West Bypass provides direct road access, enhancing the convenience of future development.

Zoned for low-density residential use, the property is ideal for creating approximately 120 house lots, each with significant retail value. Alternatively, it could be developed into a middle-income housing community, offering tremendous investment potential in a growing area.

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Map 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).