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Rain Property Management & Real Estate Ltd.

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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.

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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.

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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.

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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

Photo Gallery
Location
  • 15-minute drive to Scarborough Port

  • 10-minute drive to ANR Crown Point Airport

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