High-Visibility Barataria Property with Excellent Redevelopment Potential
Here is an opportunity to secure approximately 4,508 sq. ft. of freehold property in a highly visible and convenient Barataria location, just off a major main road and only minutes from Port of Spain.
Situated on Eighth Avenue, just one property in from the corner of Fifth Street, the property is positioned within an established and increasingly developed area, with substantial commercial and multi-unit buildings already forming part of the immediate surroundings.
The property currently contains an older residential structure and is being marketed primarily for the value and potential of the land.
With 418.8 m² (approximately 4,508 sq. ft.) of freehold land, the property may appeal to investors, developers, business owners or purchasers seeking a centrally located site for future redevelopment.
Its location lends itself to a range of possibilities, subject to the necessary planning and statutory approvals. Potential concepts could include professional offices, apartments, mixed-use development, retail, convenience services or other commercial uses.
Conceptual renderings have been included in the listing to demonstrate some of the ways a purchaser might envision redeveloping the site. These renderings are for illustrative purposes only and do not represent approved plans or permitted uses.
Property Highlights
418.8 m² / approx. 4,508 sq. ft. of land
Freehold
Eighth Avenue, Barataria
One property in from Fifth Street
Just off a major main road
High-visibility, centrally located area
Minutes from Port of Spain
Existing residential structure
Surrounded by established residential and commercial development
Excellent investment/redevelopment opportunity
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All proposed uses and redevelopment concepts are subject to the purchaser obtaining the necessary approvals from the relevant authorities.
