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Land For Sale at Lot 8 Sanderson Rd in Ladysmith, British Columbia

4 Sale ID #195923
Updated 30 Apr 2024

Asking Price

$339,900

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

Great building lot in Sanderson Estates located in the beautiful seaside town of Ladysmith on eastern side of Southern Vancouver Island. This 10,604 square foot lot (0.26acres) is fully serviced with water, sewer, and electrical ready to go! The lot is ideal for your 2-storey dream home with suite potential as well it features peekaboo ocean and mountain views. Located just a short drive from the public beach, marinas, and downtown Ladysmith. Duncan and Nanaimo are just a short 30-minute drive away giving you access to all the additional amenities you may need. Let your building dreams flourish in this up-and-coming development in Ladysmith. Price is plus GST. (id:39198)

  • MLS® : #951072
  • Date Listed : 15 Jan 2024

Location

Province

British Columbia

City

Ladysmith

Address

Lot 8 Sanderson Rd

Postal Code

V9G0A7

Location Highlights

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Listed by

RE/MAX Island Properties 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

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

$339,900

Asking Price

$339,900

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

N/A

Market Competition

N/A


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