"let's Stay Inn" Residential-rental Oasis
- East of George Town, Cayman Islands
CI$799,000
Property Description
- Bedroom:5
- Bathroom: 3.5
- Area: 3,500 Sq. Ft.
- Acreage: 0.51
- Year Built:1980
- MLS#:419548
- View:Garden View, Inland, Pool View
- Type:Condominium
- Status:New
Positioned on over half an acre...possibilities are endless! Low-density residential, so 24 bedrooms per acre. Two additional structures would work: a long building with multiple villas, or add on to the existing structure. Do it on a need-be basis! This property can also be easily converted back into a single-family home. As it is, the house is now in perfect harmony with the fruit-bearing trees, flowering cacti, banyan trees, and lovely bird life. Loads of elbow room is nice... better than a condo, for sure! This property offers you value, income, a fantastic place to live, and good appreciation. There is a great deal one can do here. Take a look, sit for a while, and see if it works for you! We believe that the right person will recognize this opportunity, and it will sell quickly to someone who has been looking for just this.
Diverse and extremely flexible layout for this splendid money maker! Fully Furnished and quite well!! On over one half acre with a lovely fresh water pool, 100 feet deep well, cistern for gathering natural rainfall for your use for irrigation, pool, and /or toilets and sinks. This ample supply of water, combined with the solar panels on the roof, helps you live off the grid with ease while generating rental income. The ground floor of the main house spills across the large side of the property, offering diversity in how you split it up. Currently, a studio/in-law suite (Outlaw maybe??!) can be solo or added to an additional bedroom and a large living area. Then the two-bedroom main house would become a one-bedroom massive home.
Upstairs is a sun-drenched cottage-style two-bedroom plus one and a half residence. The high ceilings are dreamy, as is the covered porch and open-air stargazing patio. Currently rented long term.
The Tool Shed is positioned at the rear of the property, to the side of the garage, and it is adjacent to a covered storage cabin-like structure with stairs leading down to the garden. It is located off to the side and can be easily converted into an additional rental apartment without incurring significant costs.
Property Features
Kitchen Features
- Oven (Electric)
Additional Features
- Furnished
Outdoor Features
- Garages (Yes)
- Water Frontage (No)
