PROFITABLE PARADISE Living The Dream is HERE
You deserve luxury lakefront living. This stunning beachfront lodge is quintessential Canada – a breathtaking picture from the pages of National Geographic.
Sink into inspiring mountain views, spread your toes in the soft sandy beach, and soak up the sun from this rare, southern exposure waterfront property.
Unwind… it’s spectacular BC mountain living – a paradise that pays!
Enjoy wilderness comfort while diversified and proven income streams handily cover the mortgage. Boutique accommodation, commercial lease space and proven restaurant revenues make living the dream possible.
And the revenues are far from maximized. You can easily grow the current numbers with minimal expense and effort. The hard work is already done. You CAN live in luxury on magical Kootenay Lake while earning respectable revenue with as little as 35% down.
It’s time to look after what’s important:
• An awe-inspiring home
• Four seasons of recreation out your executive front door
• Temperate climate, safe community, amenities nearby
• Built-in, proven income security
The DREAM is possible!
LUXURY Executive Home
The 3400 square foot executive residence is a sight to behold . Commanding scenes of the Lake endure at every window. The “open concept” vaults up to 25 feet in this custom timber frame masterpiece. Sparkling Tiffany stained-glass light fixtures, three washrooms with floor to ceiling tile, an oversized loft with hand-hewn railings and wet bar, custom cherry wood kitchen and so much more, makes this one of the most luxurious properties on the lake.
THRIVING Restaurant with EXCELLENT Income
The award-winning food-service operation is truly turn-key. A philosophy of “homey, hearty and healthy” and strong marketing make the Dock n Duck Pub & Grill one of the most popular restaurants in the Central Kootenay. Hire a manager, lease it out or run the business yourself. The breathtaking view, luxury mountain-lodge décor and exceptional systems and customer service already in place, ensure repeat business and customer loyalty.
Artisan build from local logs with cathedral ceilings, hand-hewn timbers, white pine ceilings, quarter-sawn fir doors, amazing views from hundreds of square feet of windows, secluded decks, thoughtful architectural detailing and conscientious professional design with many fine details too numerous to mention. Six full kitchen apartments to live in or rent out.
Enjoy living in wilderness comfort while diversified and proven income handily covers the mortgage. Boutique accommodation, commercial lease space, and proven restaurant revenues make living the dream possible. And the revenues are far from maximized. You can easily grow the current numbers with minimal expense and effort. The hard work is already done.
EASY - It's Turn Key
Popular & well promoted, the Dock n Duck is a thriving Pub and Grill with proven revenues and an excellent reputation. Systems are well established – delivering quality products, exceptional service and solid returns. Well-trained staff and corporate-style procedures ensure limited waste, maximized resource use and an easy transition.
Grow the earnings with huge potential from accommodation and commercial lease opportunities. Or see profitability rise in the restaurant by focusing on undeveloped day parts and target markets. With little effort the excellent rate of return becomes exceptional.
Simply the best location on Kootenay Lake - a destination resort near the Kootenay Lake Ferry Terminal that loads and unloads hundreds of thousands of passengers each year. Add the highway frontage, watercraft traffic, regional demographics, high tourist volume, world-class attractions, for the guaranteed, diverse customer base.
Mortgage specialists indicate the buyer may qualify for a mortgage with an investment as low as 35% of the property value.
The low Canadian dollar means greater buying power for foreign investors, about $2.62 million USD
The BC Provincial Nominee Program and other programs can expedite immigration into Canada.
Proven Track Record -
With 69 years of business history, the restaurant is a proven money generator. Over the last three years gross revenue has increased more than 10% annually, and net increased substantially more. With an 8-9% CAPP rate, your return is ensured.
Listed LOWER than Replacement Cost
To rebuild the 11,000 sq. ft. structure, install utilities, capitalize the restaurant, add the 1.2 are lakefront lot, newly paved parking, new dock, plus the duplex and your replacement cost is over $5.5 million. The entire investment is priced to sell at $3.49 million.
Soak in the hot springs. Tee off to spectacular golfing. Try world-class fishing. Hug highway curves on your motorbike. Hike alpine trails… even spelunking. There’s of 400 km2 of pristine lake for sailing, water skiing, beach combing, sun tanning… In winter blaze trails with your sled. Snowshoe down a virgin mountain path. And ski! Alpine, powder, cat, heli, cross country, glacier. It’s four seasons of fun.
Missed the WHISTLER BOOM?
Magical Kootenay Lake offers tremendous opportunity. It’s one of BC’s largest lakes extending over 100 km, flanked by the Selkirk and Purcell Mountain Ranges. The lake remains ice free in the winter, and contributes to the temperate climate. The southern location makes it a British Columbia gem and a Canada Top 10 Places to See (Macleans Magazine).
The property is located in Balfour, a vibrant community of 1200 located on the sandy delta where Kootenay Lake meets its west arm.
Amenities are nearby, and travel to the property is easy. Nearby centres include: Nelson 30 km, Castlegar, 74 km, Cranbrook 196 km, Spokane WA 272 km, Kelowna 378 km, Calgary 584 km, Vancouver 693 km.
Rare BEACHFRONT LIVING with PROVEN Income
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ESCAPE to Luxury Lakefront Living & Income Security
Spectacular sandy beachfront property offers benefits rarely found in a single site. A Kootenay Lake landmark, the building could easily grace the covers of leading architectural and design magazines. Step out the front door to a wonderland of recreation and healthy living. Reliable income, generated from proven revenue sources, ensures you are self-sustaining. The flexible 11,000 square foot building allows for easy conversion into a number of endeavors. As a functional asset or family run business, this venture is certain to be a “flagship investment”.
PARADISE living that PAYS!l
Land & Buildings: $2,950,000
Karen and Chuck Bennett
Coldwell Banker Rosling Real Estate
Karen cell: 1-250-551-8965
Chuck cell: 1-250-354-7471
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