Welcome to an extraordinary investment opportunity on the GNP. This former 25,000 sq ft school building, situated on nearly 4 acres of land, offers immense potential and a range of possibilities. -Solid Structure and Enhancements: Constructed in 1969 with a large wing added in the mid-70s, this building showcases quality craftsmanship. Substantial investments were made, including an apex roof added in 2002 and comprehensive stabilization measures in 2004/2005, ensuring a secure and reliable structure. -Breathtaking Views: The property boasts stunning views of the bay. -Potential for RV Park: The cleared grounds are an ideal opportunity to establish a much-needed RV park. Can take up to 10 RVs. -Versatile Interior: The building features numerous classrooms, a full gymnasium with a stage, and a former community library complete with books. -Accommodation Potential: With modifications, the building could have 15 1-bedroom units or 25 hotel-style rooms. Income potential for short-term rentals projected to yield $175-$225 per night per room or around $900 per month long-term per room. -Established Rentals: The property currently offers 3 short-term rental units,"Bayview Suite" and "Garrigus Room." and a third unit. In addition to a spacious 1 bedroom apartment (that could easily be converted to 2 apts). These units have high demand, with the "Bayview Suite" receiving Booking.com's highest rating. -Proximity to Tourist Attractions: Minutes away from the World Heritage Viking site, the property benefits from a steady stream of tourists, ensuring consistent demand for accommodations throughout the tourist season. -Winter Income Potential: The high demand for student accommodations at nearby CONA can be tapped into, providing a reliable source of revenue during the off-season. -Multiple Entertainment Options: The building offers gaming arena with activities like paintball, airsoft, and Gellyball as well as an axe-throwing room and a party room, catering to all. (id:2493)More details
Welcome to a prime piece of land situated on the hillside of Mill Road in Colliers. Overlooking the entire Colliers Valley, Conception Harbour and Avondale, this 7.12 acre lot is partially cleared to enable building construction. Zoned as a rural resource zone, this area contains incredible blueberry patches. With this zoning, a single family dwelling can be built on the land. With the town of Colliers currently discussing the development of the road adjacent to the land, this parcel would be situated at the very end of the road, ensuring privacy and tranquility. Only 15-20 minutes from the Trans Canada highway, and mere minutes from the Conception Harbour Waterfall, as well as being 45 minutes from St John's this land is perfect for a peaceful retreat, secondary home or primary residence. Don't wait to own this gorgeous piece of land. Reach out today! (id:2493)More details
Data was last updated January 17, 2025 at 09:45 AM (UTC)
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