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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$379,900
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
Embrace the ultimate in coastal living with this rare oceanfront building lot in the serene seaside community of Southwest Cove on Nova Scotia's breathtaking South Shore. Lot W20-3 offers 383' feet of direct ocean frontage and comes ready to build, with thoughtful preparations already in place: the lot is cleared, a driveway is installed, and a septic permit (obtained in 2021) ensures you're ready to break ground in 2025. Whether you're dreaming of an elegant year-round residence or a cozy vacation retreat, this property offers limitless possibilities. Wake up to sweeping views of the iconic Peggy's Cove and the vast Atlantic Ocean, immersing yourself in the tranquility and privacy that only a waterfront property can provide. For boating enthusiasts, shared deeded access to Southwest Cove offers sheltered anchorage, making it easy to enjoy Nova Scotia's stunning coastline by sea. Situated on the scenic Aspotogan Peninsula, this exclusive property is accessed via a professionally installed private lane with power poles already in place. Ideally located, you'll find yourself midway between the charming villages of Chester and Hubbards, with Halifax's vibrant city life just an hour's drive away. This is your opportunity to create a bespoke coastal haven and experience the very best of Nova Scotia's legendary South Shore. Don't miss the chance to make this extraordinary oceanfront property your own. (id:39198)
Location
Province
Nova Scotia
City
Nova Scotia
Address
Lot - W20-3 Seafarers Way
Postal Code
B0J1T0
Location Highlights
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Listed by
ROYAL LEPAGE STATE REALTY 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
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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
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
$379,900
Asking Price
$379,900
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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