506 Downtown Reach George Town East, Grand Cayman

$240,000 /CI$
Pending/Conditional
SKU: 410144
Area (Sq Ft)
646
Bathrooms
1.5
Bedrooms
1

The space

  • Year Built: 2020
  • Listing Type: Condominium
  • Class: Pre-Construction
  • Floors: 2
  • Construction: Block
  • Foundation: Slab
  • Occupant: None
  • Possession: At Completion
  • Land Title: Freehold

Amenities

General
  • Furnished: Partially
  • Pets
Building
  • Kitchen
  • Dining Area
  • City Water
  • Septic
  • Living Room
Kitchen
  • Oven: Electric
  • Washer: Other
  • Dishwasher
  • Refrigerator
  • Microwave
Interior
  • AC: Central
  • TV: Cable
Outdoor
  • Porch: Unscreened
  • Pool
  • Patio

Views

  • Garden View

Description

Downtown Reach is a new residential development just five minutes from George Town right off the Linford Pierson Highway. Closely located to the amenities of George Town and the Grand Harbour area, the price point and locale are unbeatable. Phase 1 is set to be sold out before ground breaking in May 2019. This is an opportunity to purchase your first home at significant savings with stamp duty exception for first time Caymanian buyers. It is equally a great opportunity if you are seeking an investment property with a projected ROI of between 5 to 7%. The initial phase will include 30 one bedroom units and at the time of listing, there are 2 remaining units at the pre-construction prices.

Additional Cost

Maintenance cost per month: CI$1
Insurance cost per month: CI$1

Directions

Driving East on Linford Pierson Highway, the complex is on the right hand side right next to the roundabout after Halifax Road.

Contact the Agent

Kass Coleman

Sales Associate/CIREBA Member
Office
+1 345-949-2396
Cell:
+1 345-916-0378
Skype
kass.coleman
Kass has over 25 years of Cayman Real Estate with RE/MAX under her belt! Kass “Canada”, the oldest of five, grew up in Virginia Beach, Virginia and Jackson Hole, Wyoming with a few fun packed learning years in Washington D.C. after College. Kass’s love for the Cayman Islands began in 1986 when she came to visit some college friends who grew up here in Cayman. So began her Cayman career, first as a Flight Attendant for Cayman Airways, the National Airline, then moving into the Sales & Marketing Department, where she stayed until 1992. The change that made all the difference came in 1993 when she became a sales associate with the relatively new franchise to Cayman, RE/MAX Fist Realty, which started in 1991 (it became RE/MAX Cayman Islands in 1996). Over the years, Kass has excelled and achieved many awards….Circle of Legends is her Favorite! Kass is always a…