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Land For Sale at - Lafitte Road in Newcastle Centre, New Brunswick

4 Sale ID #192002
Updated 11 Dec 2024

Asking Price

$995,000

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

Incredible opportunity awaits with this extraordinary 570+/- acre property located at the head of Grand Lake. The property includes acres of lakebed, submerged land/ponds with flow-through drainage through Ghost Hollow Brook into Salmon Bay, Grand Lake, forested land including natural forest and regenerated forest. The property is navigable by waterway: down the Salmon River from Chipman and connects to the St John River system through Grand Lake all the way to the Bay of Fundy at Saint John. Miles of waterfrontage with extensive gently sloping shoreline. Multiple species of resident fish populations. Set your imagination free to make this a coveted destination property with the opportunity to develop for residential, recreational activities, trails, wilderness experiences, aquaculture, really the possibilities are endless. Be sure to review the concept map and watch the video to appreciate the vastness and uniqueness of this property. Conveniently located 45 min from Fredericton, 8 min from Minto and 15 min from Chipman (id:39198)

  • MLS® : #NB094623
  • Date Listed : 03 Jan 2024

Location

Province

New Brunswick

City

Newcastle Centre

Address

- Lafitte Road

Postal Code

E4B2L6

Location Highlights

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Listed by

SUTTON GROUP AURORA REALTY LTD. New Brunswick listing

Category

land

Property Information

Premise Status

N/A

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

$995,000

Asking Price

$995,000

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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