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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$749,900
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
SOLD subject to Probate. Located just off Horne Lake Rd in North Qualicum ''Dunsmuir'' you'll find a private entrance to this tranquil 7.22 acres of RU1 zoned land ready for your ideas. This land exudes privacy as you enter. You're immediately immersed in nature and sunshine. Approx 2.5 Acres are cleared currently with a small cabin and shop. Septic is in place & a shallow well. The property boundaries both Olympic Rd & Whistler rd so a second driveway is an option & a perfect location for a second private residence. Don't miss this opportunity to create your dream property on this blank canvas surrounded by large estate properties. You can't see your neighbours! You know what they say, Location, Location, Location! Both Hwy 19 & Hwy 19A are close for convenience but no noise. 15min from QB, 10Min to Spider Lake, 15Min to Horne Lake & Caves, 7Min to Golf, & just a few Min to town. Nanaimo & Courtenay just 30Min away. Ideally located close to the Ocean, lakes, & Outdoor recreation. Book a showing soon. (id:39198)
Location
Province
British Columbia
City
Qualicum Beach
Address
2911 Olympic Rd
Postal Code
V9K1Z7
Location Highlights
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Listed by
RE/MAX Ocean Pacific Realty (Crtny) British Columbia 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
$749,900
Asking Price
$749,900
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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