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Land For Sale at Red Point Road Road in Red Point, Nova Scotia

4 Sale ID #183533
Updated 06 May 2024

Asking Price

$250,000

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.

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Lot Size

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Building Size

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Premise Summary

Discover the ultimate waterfront oasis with this stunning 20-acre property located at the end of a peninsula on Bras d'Or Lake. Boasting over 2000 feet of water frontage, this rare gem offers privacy and seclusion with easy access. Nestled inside a sheltered harbour. this property is a great opportunity for boaters and water sports enthusiasts , but it will also appeal to others looking for a serene spot to relax and soak up the beauty of nature. The entrance to the harbour is kept open by dredging when necessay. While mostly wooded, this property includes a cleared area that's perfect for starting to enjoy the property and the spectacular sunsets. Explore the entire shoreline of this property and take in the spectacular views of McKinnons harbor , and the larger Bras d'Or Lake to the Southwest. Book your private viewing today. (id:39198)

  • MLS® : #202324502
  • Date Listed : 20 Nov 2023

Location

Province

Nova Scotia

City

Red Point

Address

Red Point Road Road

Postal Code

B2C1G9

Location Highlights

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Listed by

Cape Breton Realty Nova Scotia 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

N/A

Financial Information

Yearly Rate

$250,000

Asking Price

$250,000

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.

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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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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