Piccadilly Centre And Parking Garage
- George Town, Cayman Islands
US$13,950,000
Property Description
- Area: 72,640 Sq. Ft.
- Acreage: 0.506
- Year Built:1995
- MLS#:420703
- View:Inland
- Type:Commercial
- Status:New
An absolute landmark in GeorgeTown's central commercial hub, surrounded by the Government Administration building, the GT police station, Cricket Square and other prestigious and relevant commercial properties, Piccadilly Centre and Parking Garage is fully tenanted with new additions to build on the existing 7% returns. With 22000sf of office space fully tenanted, 4800sf of storage units and 167 parking spaces this is an extremely sought after commercial investment. Budgeted and realistically forecast 2027 income produces over 8% returns making this one of the best performing commercial properties in GT. The building has been substantially upgraded and maintained and is in suburb condition to hand over to new ownership.
Property Features
Kitchen Features
- Oven (No)
Interior Features
- AC (Multi-Zone)
Building Features
- City Water
Outdoor Features
- Garages (Yes)
- Water Frontage (No)
