10.7 acres Rue du Portage

About this property

This large lot located along Route 11 (Rue du Portage), near Caraquet, represents a promising investment opportunity. Given its depth, this property is suitable for the construction of townhouses, thereby meeting the growing demand for housing in the region. The seller is open to the possibility of selling one-acre parcels, offering significant flexibility for various projects. However, surveying costs will be the buyers responsibility; the terms regarding this subdivision and the associated costs may also be negotiated based on the amount of the offer submitted. Furthermore, the terms of the land subdivision and the associated costs are negotiable, allowing the investor to make an attractive offer. To maximize the potential return on investment, it would be wise to conduct market research to assess local demand and to familiarize yourself with current regulations. In short, this lot offers several avenues for development, whether through direct construction or the sale of sublots, making this investment an opportunity worth serious consideration. (id:67706)

Details

Property type

Vacant Land

Ownership

Freehold

Lot size

10.5

Water

None

Sewer

No sewage system

Annual taxes

$485

MLS® number

NB140896