Piccadilly Centre And Parking Garage, George Town
Description
An absolute landmark in GeorgeTown's central commercial hub, surrounded by the Government Administration building, the GT police station, Cricket Square and other prestigious and relevant commercial properties, Piccadilly Centre and Parking Garage is fully tenanted with new additions to build on the existing 7% returns. With 22000sf of office space fully tenanted, 4800sf of storage units and 167 parking spaces this is an extremely sought after commercial investment. Budgeted and realistically forecast 2027 income produces over 8% returns making this one of the best performing commercial properties in GT. The building has been substantially upgraded and maintained and is in suburb condition to hand over to new ownership.
Where it is
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Climate · George Town
Station: ROBERTS · 1.7 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 29 |
| Feb | 29 |
| Mar | 29 |
| Apr | 31 |
| May | 31 |
| Jun | 32 |
| Jul | 32 |
| Aug | 32 |
| Sep | 32 |
| Oct | 31 |
| Nov | 30 |
| Dec | 29 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 32 |
| Feb | 12 |
| Mar | 14 |
| Apr | 28 |
| May | 78 |
| Jun | 130 |
| Jul | 114 |
| Aug | 87 |
| Sep | 108 |
| Oct | 167 |
| Nov | 117 |
| Dec | 58 |
What's nearby 344 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| 908a One Gt - Turnkey Investment With Exceptional Rental Potential George Town | 2 min walk | 1 | CI$675,000 |
| Onegt Residences - Unit 1011 George Town | 2 min walk | 2 | CI$1,449,000 |
| Onegt Residences - Unit 914 George Town | 2 min walk | 2 | CI$1,249,000 |
| Onegt Residences - Unit 723 George Town | 2 min walk | 2 | CI$1,799,000 |
| Onegt Residences - Unit 625 George Town | 2 min walk | 2 | CI$1,749,000 |
| Onegt Residences - Unit 1001 George Town | 2 min walk | 2 | CI$1,449,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
3 other properties in George Town advertised at within 25% of this price. Their median asking price is CI$13,000,000 — this one is asking 7% more. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Crown Square 16 Unit Commercial Investment Opportunity | George Town | — | $13,000,000 | -7% |
| Grand Hyatt 3 Br - Panoramic Views | George Town | 3 | $10,995,000 | -21% |
| Harbour Centre Commercial Building And Off-site Parking | George Town | — | $17,300,000 | +24% |
Questions this raises
Latest to buy
