100 Lake Newell Resort RoadLake Newell Resort, AB, T0J 2M0

property-description

Lakefront marina hotel and convention centre development opportunity. 10 Acres of lakefront land to develop and build an 80-100 room hotel and/or convention centre on the north shore of Lake Newell. We expect this location will be as popular as other Alberta vacation spots, with the support of Alberta Tourism and Invest Alberta Corp. Land designated for hotel for $2.9M. ASP (area structural plan) approved. Lakeside lands with sandy beach on one of the largest (65 sq km) and warmest lakes in Alberta. 10 minutes south of Brooks. The land has been approved for area development in the ASP, including commercial land for hotel building, lake front commercial developments. Access to the lake and sandy beach from the hotel site. Marina access and boat launch, water and sewer connection available. There are approved campsite development, proposed golf course and driving range land to be developed. Other surrounding developments such as marina commercial development, gas station, shopping, vacation village and lakeside residential development opportunities are also available in addition to the 10 Acre hotel and/or convention centre development land. NDA required for further details. Vendor may consider seller financing or joint venture proposals.