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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$575,000
Cap Rate
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
Discover the epitome of West Coast living on this picturesque acreage with no Spec Tax payable! Introducing Banner Heights, offering 10+/- acre lots nestled in a rural location yet mere minutes from all the amenities Sooke has to offer. Enjoy paved blacktop throughout the subdivision, extending right to your lot line with hydro available at the street. Perched amidst stunning natural surroundings, these properties boast numerous great building sites, with select lots offering breathtaking ocean and mountain views. Forestry Zone-AF zoning offers a unique opportunity for additional living space on your property with the possibility of a secondary suite or detached accessory suite, you have the freedom to expand your living quarters while still enjoying the tranquility of your surroundings. Imagine crafting your dream home amidst this tranquil setting, where every day feels like a retreat. Take a short stroll to embark on hiking adventures, world-class fishing excursions, or simply soak up the sun while beachcombing along the shore. This is your chance to create the estate you've always envisioned, where every detail reflects your unique lifestyle. Don't miss out on this opportunity to embrace the beauty and serenity of West Coast living. No Spec Tax (id:39198)
Location
Province
British Columbia
City
Sooke
Address
Lot 12 Clark Rd
Postal Code
V0S1N0
Location Highlights
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Listed by
Royal LePage Coast Capital - Westshore British Columbia listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$575,000
Asking Price
$575,000
Cap Rate
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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NOI
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
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
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
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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