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Land For Sale at E 715 Quatsino Rd in Quatsino, British Columbia

4 Sale ID #151149
Updated 07 May 2024

Asking Price

$1,500,000

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

0 Acre Ocean and Lake Front Property in Quatsino - 2 titles, 1,150 ft oceanfront in Hecate Cove & 1,850 ft lakefront on Colony Lake. Quatsino is on the west coast of Vancouver Island and is a fishermen and outdoor enthusiast paradise. There are many layers of value including possible subdivision potential, timber, and significant conservancy values. The property could be a recreational retreat, developed into recreational or single-family lots, fishing lodge, tourism - based business or a combination of the above. It has been owned by the same family since the mid 1960's. Colony Lake is ideal for access by float plane where you can leave your plane in fresh water without worrying about tides. There are no roads to ouatsino and the residents like it that way. It is 15 to 20-minutes by boat from Coal Harbour, which is about a 20-minute drive from Port Hardy, BC on paved road, and there is water taxi and float plane service. Call to book your appointment to view today! (id:39198)

  • MLS® : #933224
  • Date Listed : 29 May 2023

Location

Province

British Columbia

City

Quatsino

Address

E 715 Quatsino Rd

Postal Code

V0N1K0

Location Highlights

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Listed by

Landquest Realty Corporation British Columbia 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

$1,500,000

Asking Price

$1,500,000

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)

N/A

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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