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Land For Sale at RTE 306 New Zealand Road in New Zealand, Prince Edward Island

New
4 Sale ID #229768
Updated 05 May 2024

Asking Price

$28,000

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

Build your dream home or cottage and park your RV until it's built on this half acre lot just minutes from St. Margaret's Beach. This is also a great location for a smaller modular home with a year-round access road, RTE 306 that takes you to the town of Souris with all its amenities, only minutes away. Mostly cleared, this rural countryside lot is a blank canvas with no covenants ready for your new build plans. Watch the sunsets while walking the Confederation Trail very close by. The property does not have a civic address. It is located directly across from civic number 1243 New Zealand Road, RTE 306. (id:39198)

  • MLS® : #202316491
  • Date Listed : 08 Aug 2023

Location

Province

Prince Edward Island

City

New Zealand

Address

Rte 306 New Zealand Road

Postal Code

C0A2B0

Location Highlights

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Listed by

POWERHOUSE REALTY PEI INC Prince Edward Island 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

$28,000

Asking Price

$28,000

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

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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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