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16 A/B and 18 Currie Avenue, Port aux Basques, Newfoundland & Labrador, A0M 1C0

MLS® # 1255219
Investment For Sale In Port aux Basques, Newfoundland and Labrador
$1,300,000
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL -  With Exterior
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With Exterior
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Living Room
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bedroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bedroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bedroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bathroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Kitchen With Double Sink
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Kitchen With Double Sink
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL  - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL  - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL  - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL  - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL -  With Exterior
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With Exterior
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Living Room
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bedroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bedroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bedroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Bathroom
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Kitchen With Double Sink
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Indoor Photo Showing Kitchen With Double Sink
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor With View
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
16 A/B And 18 Currie Avenue, Port Aux Basques, NL - Outdoor
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16 A/B and 18 Currie Avenue, Port aux Basques, Newfoundland & Labrador, A0M 1C0
$1,300,000

Property Information:

Now offering this one-of-a-kind investment opportunity in downtown Port aux Basques. The well-established Shark Cove Suites and Rentals is a turn-key opportunity waiting for new owners. This package includes two apartment buildings, a warehouse-style building with 2 residential units, and a serviced RV park area. The first building, 16 A Currie Avenue, has six two- bedroom units and two one-bedroom units. The second building, 16B Currie Avenue, has six three-bedroom units. The third building, 18 Currie Avenue, has two residential units, for a total of sixteen units in all. Twelve of the sixteen units come fully furnished. All units have their own laundry facility. These units can be utilized as long-term, weekly, or daily rentals, or a combination of the three. 18 Currie Avenue, the former Follows Wholesale building and later the Shark Cove Restaurant and Lounge, has two residential units upstairs and loads of space on the main floor to develop into additional business ventures or simply use as storage. Also included is a recently developed RV park with 18 serviced units for those travelers awaiting a ferry crossing or a long cross-island trek. This well-established business is a turn-key opportunity with growth potential. If you are in the market to broaden your investment portfolio or be your own boss, contact today to find out more. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Residential Commercial Mix
  • Flooring Type: Flooring Type
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Irregular: Yes
  • Lot Size: 5312.8 sq m
  • Zoning: Comm.

Courtesy of: Hanlon Realty

REALTOR.ca  

Location of 16 A/B and 18 Currie Avenue, Port aux Basques, Newfoundland & Labrador, A0M 1C0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

38 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: Significant

38 hot days expected in 2050

24/100

Significant

ClimateCheck®

Current data

This property, 16 A/B and 18 Currie Avenue , experiences 7 hot days per year at around 21.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 38 hot days at 24 degrees Celsius.

Projected Avg. Temperature

Past
21.3℃
2050
24℃

# Hot Days Per Year

Past
7
2050
38

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

14 storms expected in 2050

83/100

Exteme

ClimateCheck®

Current data

This property, 16 A/B and 18 Currie Avenue , experiences 11 significant 2-day storms per year, with about 431.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 563.4mm of precipitation per year.

Precipitation Per Storm

Past
431.9mm
2050
563.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 16 A/B and 18 Currie Avenue, Port aux Basques, Newfoundland & Labrador, A0M 1C0

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$51,452.95

Average Number of Children

0.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

43.02 %

High school certificate or equivalent

27.16 %

Apprenticeship trade certificate/diploma

5.26 %

College/non-university certificate

14.25 %

University Degree

0.42 %

Commuter

Travel To Work

By Car

87.39 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

12.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.81 %

Houses

80.55 %

Own Vs. Rent