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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,000
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 an incredible opportunity to build your dream home in a picturesque, natural setting. Stamping Mill Lane is an exclusive new development consisting of only six estate building lots located alongside untouched wilderness. This unique development is situated off Beech Hill Road in Chester Basin. Every lot has been perc tested and meticulously surveyed to preserve the beauty of this increasingly rare landscape. Lot 7 is truly the community's crown jewel, boasting 3.14 acres and 459 feet of direct riverfront on Gold River. The lot offers ample land for building, which drops off quickly, providing stunning elevated eastern views of the eagles, osprey, and great blue herons soaring above the river below. Lot 7 also borders the shared woodland, which includes a watercourse and tranquil seasonal waterfall surrounded by soft moss and woodland ferns?a charming sandy beach nestled between large boulders under the canopy of hemlocks, maples, and spruce. A walking trail runs along the river to the north and south, providing endless opportunities for hiking and exploring. Within just minutes of Gold River Marina and the sailing waters of Mahone Bay, this exclusive community offers provisions and a beloved restaurant within walking distance. The quaint village of Chester is only a short drive away (10 minutes), and the charming town of Mahone Bay is just a 15-minute drive along the coast. Suppose you're looking for a peaceful, tranquil community that values nature and appreciates the unique landscape of Nova Scotia. In that case, Stamping Mill Lane is the perfect place to call home. Additional lots available: Lot 2, MLS 202321084 with 2.33 acres and river access and Lot 3, MLS 202321085 with 3.92 acres and river access. (id:39198)
Location
Province
Nova Scotia
City
Beech Hill
Address
Lot 7 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
$299,000
Asking Price
$299,000
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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