About this Property
🏗️ Developer & Contractor Opportunity
Maracas Valley, St. Joseph
Multi-Unit Townhouse Development Site
44,000 Sq Ft with Approvals for 16 Tri-Level Units
Capitalize on a highly lucrative, partially completed residential project in the high demand Maracas Valley region of St. Joseph. Positioned on an expansive 44,000 sq. ft. hillside parcel, this development features stunning elevated views of the valley and the opposing Northern Range mountainside.
With key foundational infrastructure, structural works, and multiple building frames already heavily underway, this site significantly mitigates the typical lead time and upfront risks of a ground-up development. It is an ideal acquisition for a seasoned contractor or developer looking to step in, finalize construction, and bring a premium product to a market hungry for modern residential housing.
Development Layout & Status
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Approved Unit Cap: Outline/Final approvals for a total of 16 modern, tri-level townhouse units.
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Generous Unit Footprint: Each unit is designed for an expansive layout of approximately 1,800 sq. ft. of living space.
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Phase 1 Progress: 5 units are already partially completed (structural shell stage with roofs/glazing well advanced).
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Phase 2 Progress: 5 additional units are actively under construction, pushing the site past major initial groundwork phases.
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Remaining Scope: Foundations and land allocation ready for the final 6 approved units.
Site & Location Advantages
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Premium Topography & Views: Terraced hillside engineering provides every single unit with a commanding, unobstructed view across the lush Maracas Valley canopy.
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Built-In Infrastructure: Substantial investment has already been poured into retaining walls, engineered roadside banking, internal access roads, and site drainage.
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Proven Consumer Demand: St. Joseph/Maracas Valley is highly coveted by middle-to-upper income buyers, medical professionals from nearby institutions, and university staff seeking secure, upscale mountain view properties.
A Strategic Capital Turnkey Project. Bypass the grueling process of raw land approval, major earthworks, and initial foundation delays. This asset is perfectly positioned for a developer to step in, execute interior/exterior finishings, capitalize on the remaining units, and yield exceptional margins upon completion.
Price $14M (negotiable)
To schedule a confidential on-site inspection, please contact:
(868) 353 9458
(868) 746 2671
jprealtorsltd@gmail.com
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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St. Joseph
St. Joseph was founded in 1592 by Antonio de Berrio and is the oldest town in Trinidad and Tobago. Originally named San José de Oruña, it served as the capital of Spanish Trinidad between 1592 and 1783. In 1595 the place was attacked and held by Sir Walter Raleigh and was used as a base for his exploration of the Orinoco river in search of the fabled city of El Dorado. Soon after his return the place was burnt and sacked.
St. Joseph is not an incorporated municipality. It falls within the boundaries of the Tunapuna–Piarco region.
Today it is the home of several different schools, including St. Joseph's Convent, St. Joseph, St. Joseph Boys Roman Catholic School, St. Joseph Girls Roman Catholic School, St. Joseph Government School, St. Joseph College, T.M.L Primary School, St Joseph and St. Xavier's Preparatory School.
