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2-storey Commercial Building in Chaguanas

Central, Chaguanas
Posted: 14.05.2024 13:04 Ad ID: 338734
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In Collaboration with our Partnering Agents, we present a secured revenue generating property which is located on the busy Main Road heading into Chaguanas. This spacious 2-storey commercial building has road frontage at the front, back and side, as it stretches from the Main Road to another major road. Therefore, it is strategically located to capitalize on:

-The traffic coming from the Highway which is just 1 min away. Most vehicles exiting the highway to head to Montrose and the heart of Chaguanas will pass by this building.

-The traffic coming from the Southern Main Road, heading into the heart of Chaguanas, will pass by this building.

-The fact that Chaguanas is a fast growing borough, as it attracts a high level of traffic of persons from all points of Trinidad due to its central position, it being a transportation hub, having affordable dining, bargain shopping, abounding with finance, commerce, essential services and cultural activities.

Currently, the partially occupied building already have popular tenants, like Island Finance and Pharmacy Central, which benefit from this location and the amenities provided. With a Potential Rental Revenue between $105,000 to $160,000 per month, the rate of return on investment is healthy, especially at the most recent acquisition cost of $18mil.

Contact us now for a viewing appointment and don’t miss this opportunity!

Property Features and benefits:

-Commercial property on 10,000 sqft of FREEHOLD land

-The secured 2-storey Commercial Building is at least 8,000 sqft.

-Road frontage and parking at the front, back and side of the Building for 24 vehicles

-Strategically located for heavy traffic

-Recently priced at $18mil

-Already have popular and high earning tenants.

-Potential Rental Revenue between $105,000 to $160,000 per month which translate to a healthy rate of return on investment.

#REDUCED #reducedprice #InvestmentProperty #revenuegeneration #chaguanas #property #forsale #SECURED #elegant #2storey #commercial #freehold #affordable #trinidad #trinidadandtobago #realestate #trinidadproperty #caribbean #caribbeanrealestate #caribbeanproperty #nivadrealty #hummingbirdrealtytt

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