Paddington Place

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George Town Centr, Cayman Islands

US$25,000,000

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Mortgage US$107,364/mo*

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Essential Information

Type: Commercial (Buy)
Listing Type: Warehouse
Sq. Ft: 56,170
Built: 1992
MLS#: 416009
View:Garden View

Are you looking to diversify your investments in one of the most business friendly countries on earth? Welcome to this amazing opportunity in the Cayman Islands. The opportunities with property are massive. One of the buildings is stratified so you can sell them off independently. The 170+ storage units are completely rented out with tenants waiting. You also have the potential to build another level on the storage units so you could double your income. It is conveniently located next to the busiest traffic area in Cayman with thousands of cars viewing it daily. In addition to that, there is a gas station and Starbucks currently being built next door so the visibility and value will only increase. If you like strong passive cash flow and appreciation this is the opportunity of a lifetime. The Cayman Islands is known for being one of the friendliest, safest islands in the Caribbean. The Cayman Islands has no capital gains taxes, income taxes, property taxes or estate taxes so it's an investors paradise.

Amenities & Features

DenNo
Block14C&13D
Parcel289/263&466
ZoningCommercial
FurnishedPartially
Type of UseWarehouse
ConstructionSteel
ClassExisting
PossessionAt Closing
Frontage RoadPrivate
TitleFreehold
Road Frontage525
How ShownBy Appointment/List

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Mortgage Term: Years

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Your Estimated Monthly Mortgage Payment

US$107,364

Down Payment US$5,000,000

Mortgage Interest US$20,000,000

Still Owing at End of Term 0.00

Loan Amount US$20,000,000

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