About this propertyMLS® 1297688
Exceptional Development Opportunity – 234.61 Acres at Salmonier Line & TCH An extraordinary opportunity to acquire approximately 234.61 acres of prime development land strategically located at the intersection of the Trans-Canada Highway and Salmonier Line. Offering excellent accessibility and outstanding exposure, this expansive property presents limitless potential for investors, developers, and entrepreneurs seeking to capitalize on one of the area’s most versatile land offerings. The property features frontage along scenic Harbour Main Pond, adding significant appeal for recreational and tourism-based developments. Surrounded by natural beauty and conveniently positioned within easy reach of major routes, this location is ideally suited for a wide variety of potential uses, including residential subdivisions, cabin or cottage developments, eco-tourism ventures, campgrounds, resort destinations, outdoor recreation facilities, and mixed-use projects. With its substantial acreage, prime location, and diverse development possibilities, this property offers the rare combination of privacy, accessibility, and long-term investment potential. Whether you are looking to create a premier recreational destination or a large-scale residential development, this exceptional parcel provides the foundation to bring your vision to life. A rare offering with unlimited possibilities — opportunity awaits. (id:56688)
Specifications
Property details
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The essentials
Location, air, flood & taxes
Elevation
77 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Nearby & drive routes
3 places shown · 3 routes · OpenStreetMap · OSRM
- 39 min to downtown St. John's45.7 km
- 40 min to Memorial University45 km
- 45 min to Avalon Mall51.7 km
Parks 3
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Estimated monthly payment
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Principal & interest $0 per month
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Monthly cash flow
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NOI / month
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Cap rate
0.00%
Gross yield
0.00%
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Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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