Prime Housing Development Opportunity – Arena Road, Freeport
Property Overview
An expansive 15+ acre parcel situated along Arena Road in Freeport, ideal for residential development or investment. The listing offers flexible purchasing options:
Option 1 (Approved Lots): 19 subdivided lots with full planning approvals – $4,500,000 TTD
Option 2 (Unapproved Acreage): 9.5 remaining acres with no approvals – $11,000,000 TTD
Location & Highway Proximity
Located just 1.62 km (approx. 3–5 minutes drive) from the Sir Solomon Hochoy Highway.
Direct, straightforward access via Arena Road straight to the highway junction, eliminating long interior commutes.
Why This Location is Ideal for Housing Development
Unbeatable Commuter Convenience: Situated less than 2 km from the main highway corridor, residents enjoy quick northbound or southbound travel while avoiding heavy arterial traffic.
Turnkey Development Potential: With 19 lots already approved, developers can immediately capitalize on fast sales/construction while planning the phase-two layout on the remaining 9.5 acres.
Established Neighborhood Amenities: Situated right near local conveniences, including Arena Supermarket & Liquor Mart, La Cuesa ECCE, and popular spots like The Cake Lab Coffeehouse.
High Demand Area: Central Trinidad continues to show strong demand for gated communities and single-family residential layouts due to its central positioning between San Fernando and Port of Spain.