About this Property
A rare chance for developers and investors! Seize this exceptional opportunity to acquire a massive 23,960.46 sq. ft. parcel of land located on Lot #17 Ronald Avenue, Cascade. This prime real estate offers incredible potential, with a significant price reduction to $2.2 million.
This gently sloping lot is perfectly suited for a multi-family residential development, with Ministerial approval already in place for four 2,600 sq. ft. townhouses. The groundwork has been laid for you to create a sought-after living community in one of Trinidad’s most desirable neighborhoods.
Key Features & Investment Highlights:
- Expansive Land Size: A rare find in Cascade, this generous plot provides ample space for a high-value residential project.
- Ready for Development: The property comes with existing Ministerial approval for a four-townhouse development, significantly streamlining your planning process.
- Prime Cascade Location: Positioned in the prestigious Cascade community, this location promises high demand and strong returns on investment.
- Company-Owned Property: The land is held in a company’s name, which can offer potential tax and transfer advantages for the right buyer.
Note: The buyer will need to obtain permission from the Lessor to proceed with the multi-family development.
This is a developer’s dream come true—a large, approved piece of land in a prime location at an exceptional, newly reduced price. Don’t miss this chance to build a legacy in Cascade.
Contact me today to schedule a site visit and discuss this remarkable investment opportunity!
About the Region
Cascade
Cascade is located on the North Western region of Trinidad and is known as part of St. Ann’s. Cascade has the well-known Cascadia Hotel and Conference Centre. Club Coconuts located in Casacde was regularly visited by many for its, UWI nights, Friday and Saturday clubbing and Sunday’s Reagge nights.
Mostly a residential area, it provides some necessities from groceries, food, guest houses etc. Gorgeous views are visual as this region is located on the hills.
The residents are mostly traditional in specific parts of Cascade.
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.
