7 The Walk OTHER, Brigus, Newfoundland & Labrador, CA

Property Overview

Welcome to a rare opportunity in the charming town of Brigus, a place steeped in history and known as the home of Arctic explorer Captain Bob Bartlett. Nestled in this sought-after location, this two-unit property presents a unique investment prospect that doesn't come around often. Located within walking distance to The Tunnel, a historical landmark hand-blasted in 1860 by Cornish miner John Hoskins, this property offers a glimpse into the town's rich past. The Tunnel once provided a convenient access to Abram Bartlett's Wharf, adding a touch of heritage to the surroundings. Both units within this property features 1 bedroom, a well-appointed bathroom, convenient laundry facilities, and an inviting open-concept layout encompassing the living, dining, and kitchen areas. From these spaces, residents and guests alike can enjoy breathtaking views of the ocean, creating a tranquil and picturesque living environment. What sets this property apart is its exclusive access to a newly constructed large wharf. This well-sheltered wharf comes equipped with power and water rough-ins, making it ready for shore services. This additional feature not only enhances the property's appeal but also opens up a range of possibilities for recreational activities and waterfront enjoyment. The investment potential of this property is substantial, with each unit commanding a short term rental rate of $350 to $375 per night AND $1500 a month long term rental rates. Whether attracting short-term visitors or longer-term tenants, the property offers a lucrative income stream. Furthermore, there is an opportunity to generate additional revenue by leasing berth access to boaters, tapping into the town's maritime allure. (id:51532)

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