Active
Current
289/263&466 Paddington Lane
$25,000,000
$445.08 per sqft
Active
Current
56,170 sqft
Commercial
Built in 1992
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.
416009
MLSⓇ ID
May 11, 2023
Listed
December 22, 2024
Updated
Map
289/263&466 Paddington Lane
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
3.04 Acres
Other Property Details
Garage
No
View
Yes
View Description
Garden
Pool
No
Zoning
Commercial