About this Property
🏢 For Sale – Income-Earning Property | $2.9M
Located in the desirable Darrel Spring area, this 4-story apartment building is a prime investment opportunity just 2 minutes from Scarborough.
Property Features:
- 8 active rental apartments
- 7 units currently tenanted
- Top floor unit:
- 2 Bedrooms
- 2 Bathrooms
- Kitchen, Living & Dining Area
- Private Washroom
- Unfurnished
- Fully fenced property
- Parking available
Investment Highlights:
- Monthly rental income: $20,000–$23,000
- Consistent tenant occupancy
- Ideal for investors seeking strong cash flow in a growing area.
📞 Contact Luanne at Cocoa Pod
Phone: 480-COCO (2626)
About the Region
Scarborough
Scarborough became the capital of Tobago in 1769 when it replaced the then-capital of Georgetown. Under French rule it was named Port-Louis from 1789 to 1814. The city of Scarborough serves as the main seat of the Tobago House of Assembly which is responsible for local governance in Tobago.
A ferry service links Scarborough with Port of Spain, Trinidad. Like the rest of the island of Tobago, Scarborough is served by the A.N.R. Robinson International Airport (formerly Crown Point Airport) located in Crown Point which is located 8 miles from Downtown Scarborough. Scarborough is also served by the Claude Noel Highway. (Wikipedia)
It is the administrative centre of Tobago. The town has benefited considerably from the growth of tourism in Tobago and has many commercial buildings. Tobago’s airport, Crown Point, is about 7 miles (11 km) from Scarborough and handles both domestic and international flights. (Britannica)
The town itself maintains an unpretentious local feel, with wooden ginger-bread houses alongside more functional concrete structures. The Scarborough Mall, across from the harbor, is home to the tourism information office, and the best place to in town to go shopping.
