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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$850,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
BALLY HACK COVE, AVONDALE, NL...This iconic community is so full of rich culture and history from days gone by with many, as the old folks say, the liveries of this community built the skies of New York, while providing for their families from far away.. This scenic community has the water's edge throughout and is a very popular boating destination for so many. This place has the ambiance to attract so much boating activities during the season which is awesome...!! This quiet little Town in the Conception Bay Central area has some spectacular rugged coastlines and exceptional ocean views with the ever so popular Middle Arm and Conception Harbour. Today, for the very first time, we are listing an opportunity for either a group or, an individual to explore Bally Hack Cove and a 24.5 Acre Waterfront Estate with approximately 2,457 linear feet of shoreline Oceanfront on the Peninsula side of Conception Harbour...Wow!! This granted family owned land has been with them for decades and is now offered to the market for the first time and priced to sell! The breathtaking unobstructed ocean views from every point of this peninsula is impressive to say the least...Awesome!! The water depth right along the shoreline provides excellent depth to put many many wharfs or, just the one, you decide!! 20 1-acre oceanfront lots?? One gigantic Manson on this waterfront estate...imagine!! The ocean charm that this place has to offer will undoubtedly have a feeling of unparalleled beauty of the many places including the nooks and coves that surround this rugged coastline. This stillness and silence of this peninsula is about to be awakened with the promise of new life that will create an ambiance of "New Beginnings" and a "New Journey" that will fulfill dreams. Come walk this oceanfront estate...Vision what this place could be...You decide if this is where you want to be...Don't Delay... (id:39198)
Location
Province
Newfoundland & Labrador
City
Avondale
Address
0 Bally Hack Cove
Postal Code
A0A1B0
Location Highlights
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Listed by
GUIDESTAR REALTY CORPORATION Newfoundland & Labrador listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$850,000
Asking Price
$850,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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