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Land For Sale at Lot 20 Highland Rd in Nanoose Bay, British Columbia

4 Sale ID #179883
Updated 06 May 2024

Asking Price

$650,000

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

This spectacular ocean view, 0.62 square foot lot, is located in the Fairwinds community of Nanoose Bay. It is fully serviced with water, sewer & power. Ready to be cleared to maintain privacy or open up the unobstructed views, there are endless options of how to create your custom dream home here. This lot sets up well for a level entry home with multiple stories or a rancher for single level living. You will find access from both Highland Road at the of top cul-de-sac or below on Dolphin Drive which lends itself well to a shop or additional parking for all your toys. You will enjoy tremendous sunrises, spectacular coastal mountain & ocean views & the city lights in the distance. The location is within close proximity of award-winning golf, private wellness club, walking & hiking trails and the Schooner Cove marina. This is truly one of the last, close-up ocean view lots left from the original Fairwinds development and is a MUST SEE!! (id:39198)

  • MLS® : #948146
  • Date Listed : 13 Nov 2023

Location

Province

British Columbia

City

Nanoose Bay

Address

Lot 20 Highland Rd

Postal Code

V9P9G6

Location Highlights

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Listed by

eXp Realty British Columbia 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

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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

$650,000

Asking Price

$650,000

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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