US$85500000.00

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Midland Acres Quarry And Development Site Grand Cayman, Cayman Islands

Unique investment opportunity for qualified investor to become major player in Cayman's lucrative aggregate and quarrying market. Investment protected by limited current and future availability of licenses and suitable quarry sites. Property has licenses to extract 15.8 million cubic yards, with over 14 million cu yds remaining to excavate. Cayman's rapid development and population growth is creating strong and increasing demand for fill, projected to increase to around 2 million cubic yards per annum within the next 5 years.Total site comprises approx 352 acres±, some of which can be developed as an extension to the existing residential subdivisions providing an immediate additional source of potential income and, in the longer term, the residual property has significant redevelopment value as multi-use commercial, residential, resort project.Lucrative, long-term investment for experienced investor with opportunity for immediate income. Full Information Memorandum available to qualified investors upon application and execution of NDA.

Amenities

  • Property Type: Land/Lot

Area Detailed Information

Property brokered by

IRG - International Realty Group Ltd.

(345) 623-1111

Presented by Jeremy Hurst

  • +1 345 623 1111

Contact Jeremy Hurst

Contact back email:
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