Lot South Cove Road Shediac, New Brunswick E4P 1V9

$499,000

ATTN: DEVELOPERS & INVESTORS. VTB option! For SALE is an R3 Zoned, 0.7 ACRE land parcel which has been APPROVED for a 5 story, 44 unit apartment building project! INCLUDED IN THE PRICE: PHASE 1 environmental, Geotechnical Report, Preliminary Site Plan drawings & 3D Renderings. THIS IS A RARE OPPORTUNITY for someone looking for a turnkey project to develop in the growing Shediac region, which attracts new residents every year with its beautiful sandy beaches and comfortable lifestyle! Top floors of this apartment building will have a beautiful view of the ocean for the enjoyment of your future tenants, along with a common area rooftop patio as shown on the renders! Take advantage of saving 15% of your hard costs utilizing the full HST rebate opportunity available now. Alternatively to make the project very competitive, you can choose to build a 3 story building of 30-36 units and have no elevator, very low cost of construction and no underground parking to be able to set rents at much below the competitors. Vendor is open for a VTB (vendor take back mortgage). HST is not included in the purchase price. (id:55272)

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https://www.realtor.ca/real-estate/28131234/lot-south-cove-road-shediac