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85 Lovekin Rd - 85 Lovekin Road

31.5 Acres of Industrial Land Offered at £5,520,047 in Newcastle, ON L1B 0S2

Investment Highlights

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

Property Facts

Price £5,520,047
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 31.50 AC

1 Lot Available

Lot

Price £5,520,047
Price Per AC £175,240
Lot Size 31.50 AC

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.

zoning

Zoning Code Employment (Presently agricultural zoning, but designated for Employment uses under Durham Region's adopted Official Plan Amendment)
Employment (Presently agricultural zoning, but designated for Employment uses under Durham Region's adopted Official Plan Amendment)
  • Listing ID: 29785073

  • Date on Market: 13/10/2023

  • Last Updated:

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

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