Courtesy of: Omid Talebi, , ROYAL LEPAGE PRINCE EDWARD REALTY
$1,195,000
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Other
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$1,195,000
7567 Cavendish Road Introducing 7569 Cavendish Road!...Fantastic Investment Opportunity...Turn-Key Cottage Business in North Rustico! Here's your chance to step into ownership of a thriving cottage business nestled in the highly sought-after area of North Rustico. This fully operational venture comprises 2one-bedroom cottages, 8 two-bedroom cottages, and an inviting above-ground swimming pool, all situated on a sprawling 13.2-acre plot ? a rarity in this coveted location. Convenience meets serenity, as the property is a mere 10 minute stroll from the beach, with Cavendish just a short drive away. It has excellent occupancy rates combined with a huge returning clientele. PEI vacationers flock here to enjoy proximity to the beach and all essential amenities, making this establishment a successful enterprise for almost three decades. In addition to the cottages, the property boasts an office building with manager's quarters, ensuring smooth operations, and a separate laundry out-building for client convenience. The package includes all essentials for seamless management, from sheets and linens to various supplies and utility carts. Each cottage has been thoughtfully updated and renovated in recent years, presenting guests with modern comfort in a rustic setting. They come fully furnished and equipped, primed for immediate rental. The vast 13.2-acre expanse not only allows for expansion opportunities but also presents the possibility of realizing your dream home on the same premises. Whether you're seeking a sound investment or envisioning a lifestyle change, this turn-key cottage business offers endless possibilities for growth and fulfillment. Call today for more info! (id:203)