GT North Sound Development Land
MLS: 412978
$4,895,000 USD
Property Description
The most prime development land parcels available! High traffic location with all the attributes needed for a successful mixed-use commercial/residential development with marine commercial zoning: right on the North Sound with direct Sea access and spectacular views; fronts the new Seven Mile Beach to Airport access road for easy commutes; only 5 minutes from Camana Bay/Seven Mile Beach; just a few minutes to the Airport or into George Town; adjacent to Barcadere Marina and George Town Yacht Club with restaurant/bar, pool, Scott’s Marine, boat fueling, and docking.
This area is quickly developing a substantial critical mass with the expansion of the Barcadere Marina and other nearby infrastructure. The Catalina Bay residences development has started construction and soon 54 two and three bedroom Seafront residences will be built in the Barcadere Marina.
The new Airport access road will be heavily travelled with the route directly across the bottom edge of these land parcels, providing tremendous exposure and visibility. Perfect development site or an investment to land bank for capital appreciation, while this whole area quickly develops, expands, and gets built out. Selling price is based on estimated square footage. Once exact measurement is available for the road corridor, price can be adjusted for slightly more or less land.
Property Features
- City Water
