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Land For Sale at 6 Killick Drive in Middle Cove, Newfoundland & Labrador

4 Sale ID #69488
Updated 27 Apr 2024

Asking Price

$169,900

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

What a beautiful area to build your dream home! This One Acre building lot is ready for you to start construction. Killick Drive is located off St. Francis Road in Logy Bay, Middle Cove, Outer Cove. Sandalwood Drive and Middle Ledge Road help to form this exceptional large lot subdivision, the restrictive covenants are in place to ensure the overall completion of this executive subdivision will be spectacular. Just moments to Middle Cove beach and five minutes to Stavanger Drive this is an area where you will enjoy the conveniences of the location while the beauty of nature surrounds you. Turn Key packages are available. Send your house plan for a free quote or you can purchase this one acre lot outright and start building the house of your dreams today! (id:39198)

  • MLS® : #1241804
  • Date Listed : 03 Mar 2022

Location

Province

Newfoundland & Labrador

City

Middle Cove

Address

6 Killick Drive

Postal Code

A1K0J6

Location Highlights

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Listed by

RE/MAX HALLMARK REALTY GROUP 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

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Financial Information

Yearly Rate

$169,900

Asking Price

$169,900

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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