Attention Developers! Welcome to 1268 Cole Harbour Road, a rare opportunity to acquire a 1+ acre parcel (44,928 sq ft) consisting of two PIDs on a main thoroughfare. A Development Agreement is already secured and in place for 46 units total, comprised of a 30-unit building with underground parking and 8 townhomes each containing a second unit for a combined 16 units. The heavy lifting has been done for you with the Development Agreement already secured, making this a prime investment in this tenant-friendly location just minutes from everyday amenities, schools, public transportation, the Salt Marsh Trail, and Rainbow Haven Beach. As a bonus, the property currently features a two-unit home offering holding income while you plan your build, along with a large Quonset hut garage. Opportunities like this, where the entitlements are secured, the location is proven, and the vision is already laid out, are exceptionally rare in today's market. Don't miss your chance to move on this investment and bring 46 units to life. (id:4069)
Address
1268 Cole Harbour Road
List Price
$1,699,000
Property Type
Other
Type of Dwelling
Other
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Cole Harbour
Lot Size
1.0314 Sq. Ft.
Year Built
1964
MLS® Number
202606272
Listing Brokerage
Royal LePage Atlantic
Postal Code
B2V1N3
