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15 Acres Licensed Quarry in Sangre Grande with Washer

North East, Sangre Grande
Posted: 26.05.2022 20:37 Ad ID: 224078
15 Acres Licensed Quarry in Sangre Grande with Washer

REDUCED from $18mil to $15mil!!!

The “Cherry on the cake” is that this particular Quarry has a viable way to generate income without actually quarrying on its property. This is possible as the Quarry has established business relationships whereby loads of aggregate are brought to it for washing, periodically, from nearby areas like Mathura and Toco. The new owner, therefore will be acquiring an already viable business with majority of its full mining potential still intact.

The expectation is that the Construction Sector will grow in the near future due to planned Government infrastructure projects, the proposed construction of the Toco Port/Harbour and incentives for Housing. This growth will lead to the increase in demand (quantity and/or price) for building materials as evidenced by the increase in the price of Steel. Therefore, the prudent Investor will want to benefit from the increase demand in materials, like gravel, to maximizing his return on investment. In fact, due to its location, this Quarry can capitalize on the increased demand for gravel from the nearby projects like the construction of the Toco Port, highway and other infrastructure and commercial facilities/businesses. According to the Ministry of Works & Transportation website, one of the benefits of the Valencia to Toco Roadway project is the opportunity for new business and economic investments in this North Eastern region of Trinidad

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Property Features and benefits:

-15 Acres of Freehold land @ $15,000,000

-The sale includes a Washing plant

-Utilities and close proximity to the Main Road

-Wide access road to facilitate the transportation of trucks to and from the Quarry

-Currently earning revenue without actually Quarrying (Provide washing for Aggregate from nearby areas).

-Most of its full mining potential still intact so have an abundance of Gravel which is yet to be Quarried

-This Quarry is conveniently located to supply Gravel for the Toco Highway Project and the proposed Toco Port/Harbour.

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Hummingbird Realty

Posting since may, 2019

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