An exceptional opportunity to acquire approximately 108 acres of diverse land in Eastern PEI, offering a combination of productive agricultural acreage, mature woodland, natural features and established annual income. The property encompasses three distinct sections extending from Gladstone Road to Cape Bear Road and south toward a natural stream. Agricultural Land: Approximately 37 acres currently in crop production. Approx 25 between Gladstone and cape bear, and another 12+/- on the South side of Cape Bear Rd. Extensive mixed woodland featuring pine, spruce, rock maple and juniper, and a natural stream running through the southern portion. Investment Income: An existing telecommunications long term lease generating approximately $4,400 annually with scheduled escalations in place, alongside approximately $3,000 in annual crop rental income. With multiple road frontages and three distinct sections, this property offers an opportunity to acquire a substantial land holding and explore future ownership or disposition strategies for individual portions, subject to applicable approvals and regulations. Whether you're an agricultural operator looking to expand, an investor seeking income-producing land, or someone interested in acquiring a substantial recreational and woodland property, this offering presents a compelling opportunity. ** All acreage measurements and boundary representations in photos are approximate. (id:4069)
Address
108 Acres Gladstone Road
List Price
$259,000
Property Type
Vacant Land
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Murray River
Lot Size
108 Sq. Ft.
MLS® Number
202626787
Listing Brokerage
EXP REALTY OF CANADA INC.
Postal Code
C0A1W0
Ownership
Freehold
Features
Treed, Rolling, Partially cleared, Hardwood bush, Softwood bush
Water Source
None
Access To Property
Year-round access
Sewer
No sewage system
