rotate

Rotate your device back to portrait Mode!

Land For Sale at Lot Waverley Road in Waverley, Nova Scotia

4 Sale ID #165817
Updated 01 May 2024

Asking Price

$4,600,000

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

Lot Size

N/A

Building Size

N/A

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)

  • MLS® : #202302011
  • Date Listed : 09 Feb 2023

Location

Province

Nova Scotia

City

Waverley

Address

Lot Waverley Road

Postal Code

B2R1W6

Location Highlights

N/A

Listed by

Engel & Volkers Nova Scotia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

N/A

Financial Information

Yearly Rate

$4,600,000

Asking Price

$4,600,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
help
Rate this listing for your dashboard.

Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors