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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,600,000
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
Attention Developers & Builders :This Burnside/ Waverley Community Development is now HEAVILY DISCOUNTED & ready for action. This parcel is 145 acres of pristine forested land bordering Burnside Industrial Park and the new Sackville-Bedford-Burnside connector (extension to the 107) with waterfront on Lake William and the Shubenacadie Canal system. This property is special in so many ways, with R-7 Zoning, Plus I-2 Industrial Zoning, and a municipality ready to support growth - this is a prime opportunity. Single family , Multi-Unit family homes, extended living facilities, a private gated community, or a hotel/ resort complex, all with self-supporting amenities, such as medical facilities, dining and shopping are all possibilities. There has never been a time where an active outdoor lifestyle has been so important to our physical & mental health, and this property is perfectly positioned to support a development that promotes this lifestyle. This parcel has direct connection to walking trails, biking, kayaking, nature and only minutes to Dartmouth Crossing, which has recently been designated as a special planning area with shopping, greenspaces & amenities which continue to grow. HRM is one of the fastest growing areas in the country and this property is ideal for residential community development or the hospitality industry, or more. The property is ready for development with an infrastructure and road access system in place plus an exceptional soil base to support future road construction. The X-Factor here is the pace of development for both the new Burnside Phase and the Highway Interchange is progressing quickly. Serious inquiries should request an information package. Disclaimer: Prospective Buyers are recommended to seek advice about this property relating to the foreign buyers ban. Exemptions to the ban may apply to this property" (id:39198)
Location
Province
Nova Scotia
City
Waverley
Address
Lot Waverley Road
Postal Code
B2R1W6
Location Highlights
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Listed by
Engel & Volkers 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
$4,600,000
Asking Price
$4,600,000
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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