This exceptional rental property for sale presents a compelling investment opportunity in the highly desirable D’Abadie area of Trinidad and Tobago. This meticulously maintained four-unit apartment building is strategically designed to generate a robust and consistent income stream, making it an ideal acquisition for discerning investors seeking a solid return on investment (ROI) and long-term capital appreciation.
Property Highlights:
- Lucrative Investment Opportunity with High Tenant Demand: This property features four spacious units, each thoughtfully designed with two bedrooms and one bathroom. This configuration is perfectly suited to attract and retain long-term tenants within the dynamic Trinidad rental market, ensuring a stable and reliable income flow.
- Prime Location for Sustained Rental Income: Situated on John Lane, the property boasts an enviable location just a short two-minute walk from the Priority Bus Route. This provides unparalleled connectivity throughout Trinidad, facilitating easy commutes and enhancing tenant convenience. Immediate access to the Eastern Main Road (3 minutes) further contributes to the property’s accessibility.
- Enhanced Tenant Appeal Through Convenient Amenities: The property’s proximity to key amenities, including Trincity Mall, Piarco International Airport (15-20 minute drive), leading schools, and comprehensive shopping centers, significantly enhances its appeal to prospective tenants. This accessibility ensures a high occupancy rate and maximizes rental income potential.
- Strong and Reliable Rental Income (TT Dollars): Projected monthly rental revenue of $12,000 to $14,000 TT dollars offers a substantial and consistent income stream, providing investors with a significant return on their investment. This property represents a prime income-generating asset with proven financial viability.
- Secure and Ample Parking for Tenant Convenience: The gated compound provides secure parking for up to eight vehicles, a highly desirable feature for tenants in Trinidad. This ensures tenant satisfaction and enhances the property’s overall appeal.
- Modern Features and Infrastructure for Tenant Comfort: The property is equipped with modern features, including a remote-controlled gate for enhanced security, internet-ready wiring to cater to the needs of today’s tenants, and a reliable water supply supported by four dedicated water tanks.
- Efficient Utilities and Additional Amenities: The property features two electricity meters with provision for a third, allowing for flexible utility management. Air conditioning units are installed for tenant comfort, and an additional outside toilet provides added convenience.
- Substantial Land and Building Space: The property comprises freehold land of 6237 sq. ft. and a building space of 3632 sq. ft., providing ample space for tenant living and potential future expansion.
Investment Advantages:
- Stable and Consistent Rental Income for Long-Term Growth: This property offers a stable and consistent rental income stream, a crucial factor for investors seeking long-term financial growth and security. This reliability makes it a cornerstone of a well-diversified investment portfolio.
- High Tenant Demand in a Thriving Market: The property’s prime location and comprehensive amenities ensure consistently high tenant demand, minimizing vacancy periods and maximizing rental income. This is a very important factor for any rental property for sale.
- Low-Maintenance, Well-Maintained Building for Reduced Operational Costs: The building’s meticulous maintenance and durable construction minimize operational costs, maximizing net operating income and enhancing overall profitability.
- Significant Potential for Capital Appreciation: The thriving Trinidad real estate market, coupled with the property’s prime location and desirable features, creates significant potential for long-term capital appreciation, ensuring a substantial return on investment.
D’Abadie Living (Trinidad):
- Peaceful and Friendly Neighborhood Environment for Tenant Satisfaction: D’Abadie offers a peaceful and friendly neighborhood environment, fostering a sense of community and enhancing tenant satisfaction.
- Excellent Transportation Links for Enhanced Tenant Mobility: The area’s excellent transportation links, including proximity to the Priority Bus Route and Eastern Main Road, provide tenants with convenient access to all parts of Trinidad.
- Close Proximity to Essential Amenities and Recreational Facilities: Residents enjoy close proximity to essential amenities, recreational facilities, and entertainment options, enhancing their quality of life.
- Access to Quality Educational Institutions for Families: The area’s access to quality educational institutions makes it an ideal location for families with children.
Don’t miss this exceptional rental property for sale and investment opportunity!
š Contact us:
Cen-Trin Real Estate Management Services Limited
Gill Thompson, Chin Chin Road,
Cunupia
Sales:
Michelle Boodoo 868-465-4663
michelleboodoo@centrinrealestate.com
Brokerage:
Ryan De Castro 868-322-9110
info@centrinrealestate.com
Office: 868-361-4782
centrinrealestate@gmail.com
