Prime Commercial/Residential Development Opportunity in Freeport!

Prime Commercial Investment Opportunity in Freeport, Trinidad

This property presents a unique and compelling investment opportunity for developers and investors seeking a strategic location for prime commercial ventures in the dynamic Freeport district of Trinidad. Situated on Lot 12 Calcutta Settlement Road #2, this expansive 0.3697-hectare (approximately 3,695 square meters or 39,777 square feet) parcel of land offers significant development potential, coupled with an existing 2-story, 8,746 sq. ft. building that can be leveraged for immediate income generation.

Prime Location and Development Potential:

The property enjoys an enviable location on Calcutta Settlement Road #2, a well-trafficked thoroughfare that provides excellent visibility and convenient access to other parts of Freeport and beyond. Its proximity to the Freeport Police Station and the major arterial route, the Sir Solomon Hochoy Highway, further enhances its strategic positioning.

This prime commercial location, combined with the generous land size, opens the door to a wide range of development possibilities:

• Commercial Development:
  • Medical Offices: The property’s central location and ample space make it ideal for establishing a medical complex, housing clinics, doctors’ offices, and diagnostic centers.
  • Retail Centers: The property could be transformed into a thriving retail center, accommodating a variety of shops, boutiques, and specialty stores.
  • Restaurants and Bars: The existing building could be renovated into a bustling restaurant or a cluster of trendy bars and cafes, capitalizing on the growing demand for dining and entertainment options in Freeport.
  • Educational Facilities: The property could be repurposed to accommodate educational institutions, such as language schools, training centers, or specialized academies.
  • Professional Offices: The property’s central location and professional ambiance make it suitable for housing a range of professional offices, including law firms, accounting firms, and consulting services.
  • Corporate Headquarters: The property could serve as a prestigious corporate headquarters for a regional or national company, offering ample space for offices, meeting rooms, and executive suites.

Key Features and Advantages:

• Generous Land Size: The expansive 0.3697-hectare parcel provides ample space for development, landscaping, parking, and outdoor amenities.
• Existing Infrastructure: The presence of the 2-story building provides a head start on development plans, offering immediate income potential or a foundation for renovation or redevelopment.
• Utility Access: The property is well-serviced with readily available access to water, electricity, and telephone services, ensuring seamless operation and convenience for future occupants.
• High-Growth Area: Freeport is a dynamic and rapidly developing area experiencing significant economic growth, creating a favorable investment environment with high potential for capital appreciation.
• Attractive Surrounding Area: The property is conveniently located near a range of amenities, including schools, churches, shopping centers, and public transportation, enhancing its appeal to both residents and businesses.
• Strong Market Demand: Both commercial and residential spaces are in high demand in Freeport, ensuring a strong rental market and potential for robust occupancy rates.

Contact us:

Cen-Trin Real Estate Management Services Limited
Gill Thompson, Chin Chin Road,
Cunupia

Sales:
Michelle Boodoo 868-465-4663
michelleboodoo@centrinrealestate.com

Brokerage:
Ryan De Castro 868-322-9110
info@centrinrealestate.com

Office: 868-361-4782
centrinrealestate@gmail.com

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