An incredible opportunity to own an oceanfront resort/family compound!
$899,900 - Private Sale
This unique oceanfront property is located just over an hour from Dartmouth and 10 minutes to Sheet Harbour in beautiful Spry Harbour. Minutes to crystal clear to Taylor Head beach.
This property is an excellent investment opportunity for someone looking to run a small, brand new waterfront resort right from home or a family looking to live on the same property!
The property comes with a completely gutted and renovated bungalow with many upgrades. 3 bedroom, 2 bathroom, full basement with dual furnaces, quartz countertops, built in wine fridge and more. There are currently 4, brand new 2 bedroom, 1 bathroom chalets, a pump house/tool storage building and all infrastructure in place (parking, roadways, well, hydro, septic). Permits are also already in place to build 4 more units!
350' of ocean frontage with brand new retaining walls. 3.8 acres in total, 2 seperate PIDs - House & Chalets.
Estimated Income based on prior STR rentals;
$22,000 net per unit/7months
$88,000 net per annum
*Chalets only
Seller is motivated as they are selling due to health reasons.
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