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Land For Sale at Three Island Cove Road in Rockdale, Nova Scotia

4 Sale ID #198694
Updated 01 May 2024

Asking Price

$379,000

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

This parcel has tremendous appeal - as a potential resort location or as a quiet private retreat - it is truly a stunning site! Consisting of 32 acres of forested land, featuring 8,550 ft of waterfront right on the Atlantic Ocean, a salt water pond and a fresh water private lake, with a peninsula lined with beath-taking beaches, creating a sheltered harbour, ideal for nature enthusiasts. Only a ten minute drive to the town of St Peter's or a five minute walk to the gorgeous beach at Grand Greve. A uniquely qualified development opportunity that combines peace and quiet with ample local amenities close by (shopping, services, dining, recreation, hospital). Cape Breton Island has been rated one of the Top 10 Island Destinations by Condé Nast Traveler. Come see what the talk is all about with this prime location! (id:39198)

  • MLS® : #202301404
  • Date Listed : 30 Jan 2023

Location

Province

Nova Scotia

City

Rockdale

Address

Three Island Cove Road

Postal Code

B0E3B0

Location Highlights

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Listed by

Engel & Volkers 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

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Financial Information

Yearly Rate

$379,000

Asking Price

$379,000

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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