Wallaback Dr Mill Rd, New Russell, (MLS® 202301452) RE/MAX nova
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Wallaback Dr Mill Rd, New Russell

0 0 0 sqft
$1,349,000 For Sale

Description

Take advantage of the perfect opportunity to own three large parcels of land in beautiful Lunenburg County. Conveniently located close to the communities of New Ross and New Russell, and only a 30 minute drive to Chester, the options are virtually endless when it comes to the future potential of this investment. The largest parcel, located off Long Spur Road, features a +/-227 acre ground lease, which hosts two active wind turbines, generating excellent annual revenues. Turbines and access roads are well maintained by lessee. The Mill Road parcel boasts road frontage on Mill Road and access via Wallaback Drive, making it an ideal location to begin development for a variety of uses. All three properties are centrally located with convenient access to Halifax, Bridgewater, and the Annapolis Valley.

Listing Details

Address
Wallaback Dr Mill Rd, New Russell, B0J 2M0

Status
ACTIVE
Listing Price
$1,349,000
MLS®
202301452
Type
n/a
Style
---
PID
60132412

Water
Unknown
Sewer
Unknown
Utilities
Unknown

Building Specifications

Foundation Type
---
Roof
---
Exterior Finish
---
Flooring
---

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Garage & Parking

Garage
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Details
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Inclusions & Exclusions

Inclusions
Active wind turbine ground lease in place for Long Spur Road parcel (PID 60131232); produces excellent annual revenue to owner.

Sales History

Tax Assessment

Year Amount % Change
2023 $45,100 ---
2022 $45,100 ---
2021 $45,100 ---
2020 $45,100 ---
2019 $45,100 ---
2018 $45,100 ---
2017 $45,100 ---
2016 $41,800 ---
2015 $41,800 ---
2014 $41,800 ---
2013 $41,800 ---
2012 $37,500 ---

Maps

Mortgage Inquiries

Last Updated On: 3/3/2024 11:28:41 PM (UTC)