About this Property
Orange Field Road – A versatile, well-designed, two-story commercial building with basement parking that is each 12,000 square feet (36,000 square feet) sits on 22,000 square feet of freehold land.
Perfect for warehouses, hardware stores, supermarkets, etc.
** Rent to own option available: Downpayment of $9.5M and the difference to be paid over 10 years
Downstairs space (12,000 s.f) – TT$70K + Utilities (Rental includes refrigerators, counters and shelving, walk in ready supermarket)
Upstairs space (12,000 s.f) – $50K + Utilities
Entire property (36,000 s.f) – $110K + Utilities
About the Region
Carapichaima
Carapichaima is a town in central Trinida. Communities and villages in Carapichaima include Orangefield, Waterloo, Brickfield, and Korea Village.
Carapichaima had been a sugar producing village that expanded after the railroad opened up in central Trinidad to development and population movements. Better access to transportation allowed the village to expand into a hub for transportation in central Trinidad and center for commerce for the surrounding areas and rural communities.
Carapichaima has seen major changes and growth due to a number of factors. These include the construction of new schools in the area, the establishment and expansion of business into the area and the increase in tourism into the area.
Major structural changes occurred in the past few years when the main sugar producing, state owned company, Caroni 1975 Ltd., was closed in 2003. A significant part of the rural population was employed in the sugar industry.
A number of schools have sprouted in the area to accommodate its rising population. One of the first was the Canadian Missionary school, the Waterloo Presbyterian School. This was originally built to educate the rural East Indians who lived and formed the workforce of the sugar plantations that encompassed the region at that time. Eventually a number of schools were established like the Waterloo Hindu School, Orange Field Hindu School, Carapichaima RC School and the Carapichaima ASJA Muslim Primary School to name a few.
