Opportunity for Development – Acre in Santa Monica (St Helena)
We are pleased to present approximately an Acre of FREEHOLD land, with 125 ft of road frontage and access to utilities, located in the St Helena district (Just 13mins from the Highway). It is priced at $900,000 and the reasonable Owner has opened the door for further negotiations.
St Helena is known as an area with residential communities and commercial businesses, so the location of this property will give potential residents accessibility to work, business, shopping centres, restaurants, schools, libraries, service providers, medical services, hardwares, the airport, places of worship/fellowship, and dining for the family.
The visionary Investor has options in which to maximize the utility or value of this property:
(A) Development
By obtaining proper approvals from the relevant agencies, the Developer can optimize his return on investment (profits) by utilizing the entire property to develop a (either fully gated or not gated) community with Apartment Buildings or Townhouses or even Houses. With these options he has the luxury of choosing his revenue streams: i. by earning monthly rent revenues, or ii. by earning the proceeds from selling the individual units.
(B) Warehousing
By obtaining commercial approval, the innovative Business person can utilize the property in line with his business plan and facility management.
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Property Features and benefits:
-Approximately an Acre (43,467 sqft) of flat Freehold land
-The next Owner will have the opportunity to seek approvals that wholly suit his vision for the property and his business model – whether for Warehousing, Apartment Buildings, Townhouses or even Houses
-Priced at $900,000 NEGOTIABLE!!!
-In close proximity to utilities
-Just 13mins from the Highway
Short distance from taxi stands to Eastern Main Road, Southern Main Road, Trincity, Curepe, Piarco International Airport, etc.
