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Old Grange Apartment Building

Buccoo, Mt. Irvine & Grange Beaches, Tobago

Size Of Land: 11,608 Sq. Ft.

Size Of Building: 3,600 Sq. Ft.

8 Bedrooms

7 Bathrooms

$685,000 USD

Tenure Status: Freehold

About The Property

Perched atop Old Grange Hill, this income-generating apartment building enjoys an elevated position overlooking the surrounding community and Tobago’s coastline. Set on a spacious 11,608 sq. ft. property, the development comprises six self-contained apartments and presents an attractive opportunity for investors seeking both long-term and short-term rental potential.

The property features four 1-bedroom apartments and two 2-bedroom apartments, complemented by a swimming pool, ample parking and a securely gated compound. Its hillside setting provides impressive coastline views, adding to the property's appeal for both residential tenants and vacation rental guests.

Conveniently located near Buccoo, Mt. Irvine and Grange beaches, as well as restaurants, shopping and everyday amenities, this property combines an elevated location, attractive views and strong income-generating potential in one established investment.

With six self-contained units, this property offers strong income-generating potential. Based on rental rates of approximately TTD $4,000 per month for each 1-bedroom apartment and TTD $7,000 per month for each 2-bedroom apartment, the property has the potential to generate approximately TTD $30,000 in gross monthly rental income or TTD $360,000 annually, subject to occupancy.

Property Facts & Features

Facilities

  • 6 self-contained apartment units

  • 4 one-bedroom apartments

  • 2 two-bedroom apartments

  • 11,608 sq. ft. property

  • Perched atop Old Grange Hill

  • Elevated coastline views

  • Income-generating investment property

  • Swimming pool

  • Securely gated compound

  • Ample on-site parking

  • Prime Old Grange location

  • Close proximity to beaches and amenities

  • Suitable for long-term or vacation rental income

  • Potential gross rental income of approximately TTD $30,000 per month / TTD $360,000 annually, subject to occupancy.

  • Investment Potential

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Location
  • 15-minute drive to Scarborough Port

  • 10-minute drive to ANR Crown Point Airport

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