PT OF NE 9-49-7-W5, DRAYTON VALLEY, AB T7A 1T3

Property Description for PT of NE 9-49-7-W5

Investors, THIS IS FOR YOU!!! FIRSTLY - $14,250.00 per year lease revenue from the abandoned water injection site with Ricochet. It has been abandoned for some time but they keep paying; secondly if it does get reclaimed after you made this much per year for who knows how long, you would still have a beautiful 3.19 -acre parcel in an awesome location to develop homes or sell to a developer. There is a playground at one end, walking trails thru the trees to the pond and waterfall, and further trails. The land is maintained by Ricochet every year , so no mowing of grass. This property is zoned as Urban Reserve. A great spot to add to the existing adult condos on the pond or options to build single family homes. There is an approach in place off of 48B Ave. Services are stubbed into property off of 48B Ave. The property off of 50 Ave. turning south on 37 St. Turn west on 48B Ave. at the entrance of Aspenview on Pond. GREAT INVESTMENTand GREAT LOCATION.!