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$ 2,299,000
Est. payment | /mo
$ 2,299,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 1281318
Originating Board Newfoundland & Labrador Association of REALTORS®
Property Sub-Type Freehold
Property Description
Exceptional Development Opportunity: 20 Acres of Approved Land in Portugal Cove-St. Philips Rare opportunity to acquire approximately 20 acres of raw, prime real estate, with preliminary approval for up to 83 lots in the highly sought-after area of Portugal Cove-St. Philips. Located just off Broad Cove Road, this expansive property offers unparalleled potential for residential development. The current owner has secured approval in principle for a subdivision with 83 potential lots; however, the exact number of lots can vary depending on the layout and development plans chosen by the new owner. The land has been preapproved by the Town of Portugal Cove-St. Philips, and with the necessary permits, it is ready to be developed into a thriving community. This parcel of land is strategically positioned, offering easy access to local amenities and the stunning natural beauty of the area and breathtaking views of bell island making this an ideal choice for a residential development project. As development progresses, additional permits will be required to ensure all local regulations are met, providing the new owner with a clear and structured path forward. Whether you're a developer looking to capitalize on this growing region, or a land investor seeking a promising project, this property offers an incredible opportunity. Don't miss out on the chance to secure one of the last large, approved parcels in the area! Purchasers responsible for GST. (id:24570)
Location
Province NL
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer No sewage system
Others
Ownership Freehold
Listed by Royal LePage Atlantic Homestead
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4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada