Located in the established residential neighbourhood of Alfred Drive, Olton Road, Arima, this freehold property sits on approximately 10,325 sq. ft. of land and presents an excellent opportunity for renovation, redevelopment, or investment.
The property comprises a 2-bedroom residence in need of refurbishment together with an additional incomplete structure, offering significant potential for further development, rental income, or customization.
Conveniently located near Arima Town Centre, schools, shopping facilities, public transportation, and major road networks, this property is ideal for investors, contractors, or buyers seeking a value-add opportunity.
Property Features:
Approx. 10,325 Sq. Ft. Freehold Land
Existing 2-Bedroom Residence
Additional Incomplete Structure
Renovation & Development Potential
Established Residential Community
Close to Arima Town Centre & Amenities
Excellent Investment Opportunity
Please Note: This property is being offered to cash purchasers only. Existing structures do not have the relevant approvals and may not qualify for conventional mortgage financing.
Listed at $1.3M Negotiable
About the Region
Arima Arima, officially The Royal Chartered Borough of Arima is the easternmost and second largest area of the three boroughs of Trinidad and Tobago. This town is well known for its shopping areas located in the inner most portion of the town.
It serves as a main trading hub for environs which makes the town considerably busy. Many persons visit Arima to relax and enjoy the wide array of local bars and street food offered such as burgers, doubles, gyros etc.
Home to the famous drag malls, persons can visit Arima to purchase items of Rastafarian heritage.
Arima, has primary and secondary schools, hospitals, police and fire services readily available.
It attracts persons from all over as it hosts exciting borough day & Jouvert celebrations
Fun fact, Arima is home to the indigenous people known as the “Caribs”. They are mainly found in the area of Arima called Calvary Hill which attracts many tourists as the Caribs were a well-known tribe in their time.