C$5,830,000

SIGNIFICANT DEVELOPMENT OPPORTUNITY We are pleased to offer for sale an approximate 317 acres land assembly in the fast growing Stewiacke, Nova Scotia. This significant development opportunity is comprised primarily of farm land, and forested lots with direct access to Highway 102 at Exit 11. The residential properties in this area are not included in the land assembly. Foundational studies have been completed including wetland mapping, traffic impact, preliminary subdivision plan. There is significant land and road frontage to produce 50+ lots as-of-right as well as enough space to build new roads to enable significant subdivision. The current zoning and land formation adds considerable value to the land. When a new residential neighbourhood is created, the value of the lots in this area will be significantly higher. Based on the work of Sightline Planning + Approvals, the best use of the land assembly is to move forward with as-of-right subdivision, creating a new neighbourhood in the rapidly growing community of Stewiacke. (id:41202)