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85 Lovekin Rd - 85 Lovekin Road 31.5 Acres of Industrial Land Offered at $7,163,734 USD in Newcastle, ON L1B 0S2

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INVESTMENT HIGHLIGHTS

  • Highway Location
  • Vendor Take Back + Leaseback Terms Available
  • Industrial / Commercial Designation
  • Great Topography + Traffic Visibility Free of EP Zoning or Mapping

EXECUTIVE SUMMARY

All the right ingredients for a future development property buy and hold ...level flat agricultural land and Buildings. With Employment Land Designation
Small Modular nuclear project (multi billion $$$ project ) and future Metrolinx Go project within a few kilometers ...

PROPERTY FACTS

Price $7,163,734 USD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 31.50 AC
Zoning Employment - Presently agricultural zoning, but designated for Employment uses under Durham Region's adopted Official Plan Amendment

1 LOT AVAILABLE

Lot

Price $7,163,734 USD
Price Per AC $227,420.13 USD
Lot Size 31.50 AC

Ideal buy hold property in fast growth Newcastle area 45 minutes East from Don Valley parkway farmland and buildings ....DESIGNATED EMPLOYMENT LAND close to 401 interchange and 115/35 highway ...Close to Darlington Small Modular Nuclear Project//

DESCRIPTION

31.5 Acres + of land designated for Employment uses under Durham Region Official Plan 2024. Great quality land actively worked + maintained. VTB financing negotiable Fantastic location between HWY 115/35 + HWY 401 + HWY #2 in Newcastle (Clarington) Ontario. Ideal for all businesses demanding great access. Exceptional landbank or development opportunity. Possibility of advancing or collaborating on municipal water + sewers. Industrial is one of the most in-demand an best performing asset classes in real estate. Great for investment Clarington + Newcastle in particular is a fast growing community with rapidly growing investment from the town and from private investors.

  • Listing ID: 29785073

  • Date on Market: 10/13/2023

  • Last Updated:

  • Address: 85 Lovekin Rd, Newcastle, ON L1B 0S2

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