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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$145,000
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
Explore a truly unique building opportunity in the heart of nature. Stamping Mill Lane is an exclusive new development comprising only six estate building lots adjacent to untouched wilderness. Located just off Beech Hill Road in Chester Basin, each lot has been carefully surveyed, honouring the beauty of this increasingly rare landscape. Lot 2 is one of the first lots in the community. It comprises 2.33 acres, has an approved perk test and has access to both Stamping Mill Road and a secondary private road, allowing more opportunity for privacy. The gentle slope of Stamping Mill Lane guides to the shared woodland and deeded access to Gold River. There is a seasonal watercourse with a peaceful waterfall surrounded by soft moss and woodland ferns. A quaint sandy beach is nestled between large boulders under a canopy of hemlocks, maples and spruce. A walking trail runs along the river, to the east and west, allowing for endless hikes. Gold River Marina and the sailing waters of Mahone Bay are just minutes away, with provisions and a beloved restaurant within walking distance. The quaint village of Chester (10 minutes) and the charming town of Mahone Bay (15 minutes) are an easy drive along the coast. Downtown Halifax is less than an hour. The community of Stamping Mill Lane is unlike any development along the south shore; the lots are generous, and the ethos is to live among nature, respecting the trees and the forest and creating a community of fine homes with the shared values of peace, tranquility and appreciation for the beauty in the unique landscape of Nova Scotia. Additional lots available: Lot 7, MLS 202321082 with 3.14 acres and direct riverfront and Lot 3, MLS 202321085 with 3.92 acres and river access. (id:39198)
Location
Province
Nova Scotia
City
Beech Hill
Address
Lot 2 Stamping Mill Lane
Postal Code
B2G0B4
Location Highlights
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Listed by
Engel & Volkers (Chester) Nova Scotia 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
$145,000
Asking Price
$145,000
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
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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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