Nestled in the sought-after Spotts area, this stunning 5-bedroom family home offers an exceptional investment opportunity. Set on a spacious lot adorned with mature fruit trees, this property boasts a beautiful screened back patio, a refreshing swimming pool, and a newly constructed duplex – fully furnished and turnkey.
Key Features:
5 Bedroom Family Home: Built in 2021 - one bedroom has been blocked off with its own entrance offering yet another income-generating unit.
Duplex: Constructed in 2022, consisting of two individual units, each approximately 570 SF, providing a steady stream of monthly rental income. There are additional rental units on the property, please call agent for more information.
Long-Term Rental: Each unit was rented at $1600 per month, with consistent demand and cash flow.
Short-Term Rental: Units are now rented short-term generating CI $125 per night – and an attractive 80% occupancy rate.
Turnkey Investment: Both the main home and the duplex comes fully furnished, making this property ready for immediate occupancy or rental without any additional investment.
Outdoor Space: Enjoy the private screened back patio and swimming pool perfect for relaxing evenings or family fun.
Location: Situated in a quiet, family-friendly neighbourhood minutes away from schools, supermarkets, shopping centers, restaurants, and more.
This property is not just a home, but an income-generating asset. With multiple turnkey rental units already producing significant returns, this is an incredible opportunity for investors looking to diversify their portfolio
Don’t miss out on this unique opportunity, contact me today!
Location
Red Bay and Prospect
Stretching from the North Sound to the southern coast, the residential neighbourhoods of Red Bay and Prospect have become increasingly popular in recent years and it’s easy to see why. They offer a wide range of properties to choose from in close proximity to George Town, with convenient access to great schools and superb local amenities, including the Shoppes at Grand Harbour.
Generally regarded as a single neighbourhood, Red Bay and Prospect are popular residential areas situated just to the east of George Town. Well connected for both ends of the island, they offer easy access to a range of amenities and services.
There are several local schools, a good selection of shops, restaurants, and a large supermarket at the Shoppes at Grand Harbour, plus a wealth of leisure facilities. These include the King’s Sports Centre, complete with climbing wall and bowling alley, the Cayman Islands Sailing Club, and the Black Pearl Skate Park.
Should you decide to make the move to Red Bay and Prospect, there’s a variety of residential options available — from prestige oceanfront estates and upscale canal side dwellings to inland properties with a more suburban, family-friendly feel.
Mortgage estimate
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Spotts
5Br Single Family Home With Duplex
KYD 1,150,000
CIREBA MLS LDX feed courtesy of CENTURY 21 THOMPSON REALTY
