About this Property
Woodbrook Commercial Building for Sale – #8 Mc Donald Street, Woodbrook
This woodbrook commercial property is situated in close proximity to downtown Port of Spain, Wrightson Road, and Ariapita Ave. The leasehold land is 4,650 sq feet with a 2,526 sq ft 2 storey building, on Mc Donald Street, Woodbook.
The Woodbrook building has 2 offices, kitchen and 2 washrooms on the ground floor and an office, kitchen and washroom on the 1st floor.
The lease was renewed in 2021 for 30 years with an option to renew for another 30 years
There is outline permission to construct a 3 storey building with underground parking with the adjacent lots #12 (currently a vacant lot of land) and #10.
LISTED FOR SALE: $5.6M (negotiable)
About the Region
Port of Spain
Port of Spain (Spanish: Puerto España), officially the City of Port of Spain (also stylized Port-of-Spain), is the capital city of Trinidad and Tobago, the country's second-largest city after San Fernando, and the third largest municipality after Chaguanas and San Fernando. The city has a municipal population of 37,074. This city offers housing facilities to many ministries of the local government. It serves as a main transport hub for both land and sea where many citizens use daily to move around the country. Many businesses thrive from the fluster of working class people who pass through daily. Some sectors or business types located are banking, hotels, casinos, food, cinemas, restaurants etc. Port of Spain is very popular for having the largest round about in the world which is known as “the Queens Park Savannah”. Main tourist attractions such as the Emperor Valley Zoo and Botanical gardens are all located around the Queens Park Savannah. This city is where the most exciting carnival celebrations are held and are participated by many well-known celebrities. A main tourist attraction is “the Avenue” where many persons gather on a weekend to whine down, relax and enjoy the many “hang out spots”. This too is another major tourists attraction as many celebrities visit just to relax.
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The large Woodbrook district, west of Downtown Port of Spain, Trinidad and Tobago, was formerly a sugar estate owned by the Siegert family of Angostura bitters fame. The estate was sold to the Town Board in 1911 and developed into a residential neighbourhood, with many of the north–south streets named for the Siegert siblings, some of whom were Carlos, Luis, Petra and Alfredo. In the last twenty years the main east–west thoroughfares, Ariapita Avenue and Tragarete Road, have become almost entirely commercialized, and Ariapita Avenue west of Murray Street has become a relatively upscale dining and entertainment "strip". A few small parks are sprinkled through the neighbourhood; Adam Smith Square and Siegert Square are the two largest. The Community Association held a series of events in August 2011 to celebrate its 100th anniversary. Just north of Woodbrook along Tragarete Road is the Queen's Park Oval, a major Test cricket ground which is owned by the private Queen's Park Cricket Club (QPCC). At Woodbrook's western end, at the edge of Invaders Bay, is the Hasley Crawford Stadium, the national venue for football and track and field events.