Property Description

SILVER SPRINGS, CONCEPTION HARBOUR, NL — ATTENTION INVESTORS! Welcome to the iconic community of Silver Springs in Conception Harbour — an area rich in culture, history, and Newfoundland charm. Known for its breathtaking coastline, scenic ocean views, and strong ties to Newfoundland’s history, this beautiful coastal community continues to attract boaters, visitors, and residents alike. From the waters of Middle Arm and Kitchuses to Bacon Cove and Conception Harbour, the area offers a truly unique lifestyle surrounded by rugged natural beauty and peaceful surroundings. Now introducing an incredible investment opportunity at 39 Southern Path Road — Southerbre Estates. This impressive apartment complex features 3 well-maintained buildings consisting of 11 fully rented units — including 7 two-bedroom units and 4 one-bedroom units. Built in 2009 and 2015, the property includes two approximately 2,700 sq. ft. buildings and one approximately 3,000 sq. ft. building, all offering strong cash flow potential and pride of ownership throughout. The complex is in excellent condition with a total of 18 bedrooms and 11 bathrooms, and all units are fully self-contained and POU (Pay Own Utilities). Situated on approximately 4 acres, this private property also offers exciting future development and expansion potential. Current ownership continues to invest in the property through ongoing maintenance, landscaping, and improvements, further enhancing the long-term value of this unique opportunity. Whether you are looking to expand your portfolio or invest in a growing coastal community, this property offers exceptional potential in a truly stunning setting. Opportunity knocks — don’t miss your chance to own this incredible income-producing property. Call today for more information or to schedule your private viewing! (id:7434)