$4,495,000 $5,394,000

Fairbanks Road - Large Development Site

252,648 sqft 5.8000 acres

Location, location, location! This is one of the last remaining large developer’s parcels in this area and location matters! As one of the best locations possible, this site is prime for development. Located just off Walkers Road in the South Sound area, this 5.8 acre parcel is zoned low density residential with a maximum of 87 apartments and up to 140 bedrooms. Situated at the back of the school area in a great community, it is close to the community pool, boxing gym, athletics pitch, football pitch, baseball/softball association, and more. Being on the back side of George Town, the site provides easy access to town, work, groceries, and shops.

The site itself touts over 1,000’ directly on the road. One of the biggest benefits of this parcel is that it is naturally elevated between 8’ and 12’ above sea level. Fill is already on the property due to its elevation, which means there is no or very limited cost needed for site prep. This site will always be dry due to its elevation. Even in the event of a hurricane, you won’t have any standing water. This is a safe community that is great for kids as its surrounded by numerous other complexes, people, and subdivisions. This is a perfect opportunity to seize one of the last remaining parcels in this incredible location that has road frontage, power, water, and fiber, all already delivered to the site.

Key features

  • Price $4,495,000 KYD
  • View Inland
  • Sq ft 252,648
  • Acres 5.8000
  • Type Low Density Residential
  • MLS 414867

Neighbourhood Guide

Explore the areaSouth Sound

Just 3 miles South of George Town, South Sound is home to some of the newest oceanfront luxury condominium developments in Grand Cayman, as well as both newly built or recently built multi-phase condo developments

View

Arrange a viewing with the Bovell team

contact the bovell team

Stay up to date

Get the latest listings, property news, insights, and market reports delivered right to your inbox.