FOR SALE: 40 UNIT APARTMENT BUILDING IN ST AUGUSTINE


Price

$12,000,000 

Property Details


Property ID:
BOK-1058388

Location:
St. Augustine 

Sq. Footage: 10000sq.ft.


Highlights:
Fully Furnished
Fully FurnishedFreehold LandT&C Approved

About this Property


📍Location: St. Augustine
💰Price: $12M

Property Features

🔸 40 fully furnished, self-contained studio apartments
🔸 Each unit measures approximately 10 ft. × 22 ft.
🔸 Includes a 3-bedroom house at the front of the property, offering additional accommodation or rental potential
🔸 Common laundry facilities for tenants
🔸 Six (6) electrical meters
🔸 Limited on-site parking
🔸 Fully tenanted, providing immediate income generation
🔸 Situated on 10,000 sq. ft. of land
🔸 Fully approved by the relevant statutory authorities
🔸 Professionally Valuated

🔸Excellent student accommodation opportunity- ideally located within walking distance of The University of the West Indies (UWI), making it highly attractive to students and supporting strong, consistent rental demand.

Investment Highlights

🔸 Strong, established rental income with excellent cash-flow potential
🔸 Ideal long-term investment for building a retirement income portfolio
🔸 A rare opportunity to acquire a high-performing, income-producing property with multiple revenue streams.

Your next investment opportunity awaits—don’t miss out!

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About the Region


St. Augustine
St. Augustine is a town in the Northwest of Trinidad. It is the site of the University of the West Indies at St. Augustine. St. Augustine is home to thousands of university students and is now being converted to a university town as the economy of the area is fuelled significantly by the spending power of the 60,000 plus university population. Many houses in the general university area have been converted to students' accommodation. You can find St. John's Road in St. Augustine, this is the main access road for Mount St. Benedict, one of the notable historic sites in Trinidad and Tobago. On the mount, one can find a Catholic Church along with a monastery and a factory where yogurt is made. On this road, there is also the St. John Baptist Roman Catholic Church. The church is opposite to a Community Centre and now houses a new field for the residents to engage in football, one of the more popular sports of this area. St. Augustine is also home to the Hugh Wooding Law School, a prestigious law school which attracts many inter-island students of the Caribbean and beyond. Further educational establishments include St. Augustine Girls' High School and Lakshmi Girls' Hindu College. In close proximity to the law school is the Seismic Research Centre, which is the official source of information on earthquakes and volcanoes in the English-speaking Caribbean. It is the headquarters of the Sanatan Dharma Maha Sabha. Hospitals, Banks, Supermarkets, and many other businesses can be found in this location. The Tunapuna market is just a short distance away on the eastern side of St. Augustine and Curepe junction on the western side where food, transportation and recreational centres can be found.

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