Industrial Land for Sale.


Siparia, Trinidad and Tobago

Listing ID: 002021261057

Industrial Land for Sale

Regional Positioning: Trinidad and Tobago is the southern-most island of the Caribbean. It is a prime location for international industrial projects given the physical infrastructure in place, an established petro-chemical sector and new ventures on the horizon.

Advantages:

Location:

6.9 acres of flat land at a Business Park in South Trinidad provides a solution to the problem of scarce industrial

land. Facilities located at this Park can access the Southern end of the highway within minutes, seamlessly

reaching industrial clients in the Central and Northern regions. Plus, the strategic position is en-route to the

growing industrial hub further south. This means opportunity for an amass of industrial clients and/or projects,

especially those involving paints and lubricants, valves, fasteners, catalyst handling, other process plant

maintenance, asphalt, oil mopping services, oil and gas logistics, ethanol, methanol or ammonia production and

even industrial equipment rentals and machining. Potential business also exists for HSE inspection, construction,

and of course every business that supports shipping and shipyard repair as both Panamanian and South

American shipping traffic increases.

Pricing and Scarcity:

The time is right to this acquisition. Firstly, given economic swings, it’s now opportune to buy low. Secondly, with nearby Parks being full to capacity, freehold parcels for light industrial purposes located just off the city centre is a rare opportunity.

Layout Detail: This level plot is within regulatory setbacks from major roads, bounded by swamp reserve, providing perfect wind breaks and complete with paved road access and drainage. It is also neighbored by other industrial sector businesses that benefited from the location for years. The GPS location can be provided to ready potential clients.

Bonus: If needed, there can be additional negotiations for the construction of adequate facilities by the owner; a reputable developer.

Land Price: TT$32M negotiable (Below Valuation)

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Summary:

Size: Approx. 6.9 acres of Land

Ownership Rights: Freehold

Location: Business Park |Close to Highways | Easy transit of vehicles

Topography: Flat | Bounded by Swamp Reserves| Within Regulatory Setbacks | Wide Paved

Access Roads |Drainage at Road

Regulatory Approvals: Town and Country Conditional Approval for Light Industrial Use

Facilities: Electricity | Water Mains

Network: Neighbouring Industrial Companies

Pricing Benefit: The Buyer acquires at

less than T&C Final Approval Price and less than Valuation Price

Asking TT$32M negotiable (Approx. US$4.95M)

Buyer Requirements: To apply for T &C Final Approval in keeping with the specific design for the facility to be built

Currency Converter
TTD 32,000,000.00
Lot size:
27,923.30 Sq Mt.
300,563.61 Sq Ft.
This property has been viewed 170 times.

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