Cayman Islands  > Red Bay

1 Bedroom Apartment for Sale in Red Bay, Cayman Islands

$ 390,000

Bed-icon1 Bedrooms Bath-tub-icon1 Bathrooms Plan 1,000 Sq.Ft

Property Description

SPACIOUS 1 BEDROOM LOFT STYLE APARTMENT IN RED BAY

Located, Selkirk Drive, Red Bay, Grand Cayman
LIVE IN IT OR RENT IT OUT – THE CHOICE IS YOURS!
Looking to get on the property ladder or add an income-producing property to your investment portfolio? This spacious, fully furnished, two-storey loft apartment offers exceptional value, convenience, comfort, and investment potential – all for just CI$325,000!
Nestled in a quiet residential neighborhood on Selkirk Drive in Red Bay, this charming 1-bedroom, 1-bathroom loft apartment offers the perfect balance of peaceful living and easy access to everything you need.
PROPERTY FEATURES


1 Spacious Loft Style Bedroom– Comfortable loft-style living on the upper level


1 Bathroom


Sold Fully Furnished – Move right in or prepare it for rental


Central Air Conditioning – Enjoy year-round comfort


Functional Kitchen with Major Appliances


Washer & Dryer Included – Convenience at your fingertips


Two Closets – Plenty of storage space


Back Screened Porch – Perfect for relaxing, entertaining, outdoor dining, or simply unwinding


Two-Storey Layout – Generous living space with a distinctive loft design


LOCATION, LOCATION, LOCATION!
Enjoy the convenience of living just minutes from Grand Harbour Shopping Centre and Harbour Walk, with an abundance of restaurants, cafés, shopping, entertainment, schools, and gas stations nearby.
Commuting into George Town? You'll appreciate the convenient access to alternative roads that can help you avoid the morning traffic rush!
All this while enjoying the comfort and privacy of a peaceful residential community.
SMART INVESTMENT OPPORTUNITY!
Potential Rental Income: CI$2,200 per month, with utilities paid separately.


Annual Gross Rental Income: CI$26,400


Monthly Strata Fee: Just CI$450, including insurance


Asking Price: CI$325,000


Potential Gross Rental Yield: Approximately 8.1% annually


Whether you're a first-time buyer ready to stop renting and start building equity, a professional seeking a conveniently located home, or an investor looking for rental income, this property offers flexibility and excellent potential!
Rental figures are based on the stated monthly income and are before strata fees, maintenance, vacancies, and other ownership expenses.
 YOUR OPPORTUNITY TO OWN STARTS HERE!
Why keep renting when you could be investing in your own future?
With a desirable location, generous living space, outdoor entertaining areas, furnishings included, and attractive rental potential, this Red Bay loft apartment is an opportunity worth exploring.
 ASKING PRICE: CI$325,000
 GET PREQUALIFIED. BOOK YOUR VIEWING. MAKE YOUR MOVE!
Don't miss your opportunity to step onto the Cayman Islands property ladder or grow your real estate investment portfolio.
Contact us today to arrange a private viewing and take the first step toward ownership!

Contact

Chestertons Global

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Marketed by:

Chestertons Cayman Islands

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