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Land For Sale at 45-47 55 Beachy Cove Road in Portugal Cove St. Philips, Newfoundland & Labrador

4 Sale ID #203597
Updated 07 May 2024

Asking Price

$225,000

Cap Rate help 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

Welcome to Portugal Cove - St. Philips a truly beautiful and idyllic location to build one's dream home! The 180-degree views of Conception Bay and the breathtaking sunsets off Bell Island is a sight to behold. The fact that the lot is nestled in the hillside adds to the charm and serenity of the setting. With 1.92 acres of land, there's plenty of space to create a spacious and majestic home, with the option to have kitchen gardens or even a detached garage provides additional possibilities for customization and convenience.One of the most appealing aspects of this property is the combination of country living and easy access to amenities, with St. John's just a few minutes away. This gives potential homeowners the opportunity to enjoy a peaceful and serene lifestyle while still having all the benefits of a nearby. Turnkey packages are also available. Let us help you build your dream home today For anyone looking to build their dream home in a picturesque location with ample space and stunning views, this 2-acre lot in Portugal Cove - St. Philips seems like an excellent choice. (id:39198)

  • MLS® : #1267742
  • Date Listed : 08 Feb 2024

Location

Province

Newfoundland & Labrador

City

Portugal Cove St. Philips

Address

45-47 55 Beachy Cove Road

Postal Code

A1M2H1

Location Highlights

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Listed by

Century 21 Seller's Choice Inc. Newfoundland & Labrador listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$225,000

Asking Price

$225,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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