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Land For Sale at Lot 10 Parker Ridge Road in East Chester, Nova Scotia

4 Sale ID #164959
Updated 04 May 2024

Asking Price

$90,000

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

Sunny House Lot - Parker Ridge Road, Lot 10, in East Chester, is on elevated land. The sloping 1.3 acre lot has not been cleared. The septic permit is in place. The power poles & lines have been installed. The subdivision has been approved with simple covenants. Start making the wish list for the design of your new dream home, in sheltered Parker Ridge. *Internet will be Starlink by subscription. Parker Ridge is a quiet, rural setting, minutes to Exit 7 for Highway 103 commuters, and 5 minutes to the village of Chester. It's also very close to Graves Island Provincial Park's boat launch, small beach and nature trails. This is a dog walkers' paradise! Enjoy the Island's ocean views as well as the wild roses, ferns and moss covered rocks. The Rails to Trails are also in the neighbourhood, for walkers/bikers. Chester offers a wonderful village way of life, with a seaside golf club, yacht club, Art Centre, Playhouse, Our Health Centre, Day Care, playground, interesting shops/cafes and more, less than 50 minutes to Halifax, 30 minutes to Bridgewater, on Nova Scotia's treasured South Shore, the Bluenose Coast. (id:39198)

  • MLS® : #202320572
  • Date Listed : 28 Sep 2023

Location

Province

Nova Scotia

City

East Chester

Address

Lot 10 Parker Ridge Road

Postal Code

B0J1J0

Location Highlights

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Listed by

Engel & Volkers (Chester) Nova Scotia 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

$90,000

Asking Price

$90,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

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