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Land For Sale at 70 Island Cove Road in Bay Bulls, Newfoundland & Labrador

4 Sale ID #158061
Updated 04 May 2024

Asking Price

$79,900

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

Welcome to Bristol Landing subdivision in scenic Bay Bulls. Now developing phase 3 with 26 oversized building lots available, ranging from 0.5 for 1.2 acres and prices ranging from $79,900 to $129,900. There are 10 lots backing onto Maggoty Cove Pond. Turn key building packages available starting at 479,900.00 built by McCrowe Homes and Heavenly Homes. Have your own A piece of paradise just 20 minutes from the city! Purchaser of land to use Ocean View Properties for septic design and Prime Drilling for the well as they are exclusive to Bristol Landing. HST is applicable. (id:39198)

  • MLS® : #1263406
  • Date Listed : 13 Sep 2023

Location

Province

Newfoundland & Labrador

City

Bay Bulls

Address

70 Island Cove Road

Postal Code

A0A4K0

Location Highlights

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Listed by

Hanlon Realty Newfoundland & Labrador listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

$79,900

Asking Price

$79,900

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.

N/A

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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