I have listed a new property at 560 AVONDALE Road in Vernon River. See details here

Secure a rare investment opportunity with Avondale Golf Course, a profitable, championship-caliber facility offering an impressive CAP rate. Situated on approximately 170 acres, this premier destination has hosted national events such as the PEI Open in 2022 and 2023, generating strong brand recognition and consistent annual revenue exceeding $1 million. This turn-key operation includes an additional 380 acres of prime land, offering significant upside for future residential or commercial development. With ample space for single-family homes, cottage clusters, condominiums, or mixed-use projects, the possibilities are extensive and well-aligned with regional growth trends. Within a 30-minute radius, the course draws from Charlottetown?s metropolitan population of over 40,000, along with the fast growing town of Stratford. The area also includes residents from southern Queens and eastern Kings Counties, where rural development is on the rise. In addition, Avondale lies along a key tourism corridor that funnels thousands of seasonal visitors between the North Shore, Points East Coastal Drive, and central PEI?making it ideally situated to capitalize on both local and tourism-driven traffic. With a strong foundation, proven profitability, and unmatched development potential, Avondale Golf Course presents a compelling opportunity for investors, developers, and golf industry professionals alike. This offering combines the operational strength of a thriving golf business with the long-term value of a large-scale land holding in one of Prince Edward Island?s most desirable regions. (id:2493)

I have listed a new property at 560 AVONDALE Road in Vernon River. See details here

Secure a unique opportunity with Avondale Golf Course, a profitable, championship caliber course boasting an impressive 8.0% CAP rate. Nestled on 170 acres, this premier golf destination has hosted national events like the PEI Open in 2022 and 2023, ensuring a steady revenue stream exceeding $1 million annually. As a bonus, this turn-key investment includes an additional 380 acres of prime land, perfect for development. With immense potential for single family homes, cottages, condominiums, and commercial ventures, this property offers endless possibilities. Located just 15 minutes from Stratford, Avondale is ideally positioned to attract high-end buyers and investors, offering a serene lifestyle surrounded by breathtaking surroundings: Avondale Golf Course means not only securing a thriving business but also gaining access to vast development potential in one of PEI's most desirable areas. Don?t miss your chance to capitalize on this rare opportunity. (id:2493)

I have listed a new property at 560 AVONDALE Road in Vernon River. See details here

This is the Best Value Golf Course on PEI! Welcome to Avondale Golf Course, a unique opportunity, for investors interested in developing mixed residential communities within the 380 acres surrounding the 170 acre golf course, 15 minutes from Stratford. The course's picturesque location and established reputation make it an ideal location for high-end residential communities that cater to golf enthusiasts and those seeking a peaceful, luxurious lifestyle. One potential development opportunity is to construct a range of luxury condominiums throughout the property, offering spectacular views of the golf course and the surrounding countryside. Another option is to develop mixed residential communities, including single-family homes, townhouses, and condos. These communities could be designed to integrate seamlessly with the natural landscape, offering residents a peaceful and serene living experience. Additionally, the communities could feature a range of amenities such as community centers, parks, and walking trails, providing residents with a range of recreational options, and commercial businesses along the 500 meters of frontage on Highway 3. Entire golf course business (currently generating over $1 million in revenue annually), including $1.4 million in equipment, 3000sqft pro shop, and 5000sqft garage to be included in this rare and unique offering. This is a rare opportunity. With its stunning location and established reputation, Avondale is an ideal location for investors looking to capitalize on the growing demand for high-end residential properties. (id:2493)