5 Acre Oceanfront
Price: $2,200,000 (CAD) + GST
795' Oceanfront on Mayne Island
This unique property on Horton Bay is 5 acres of low bank oceanfront in one of the best and protected natural harbours in the Gulf Islands. Part of the 795 feet of protected oceanfront is zoned W4 and the property itself is zoned Rural.
British Columbia is a great place to land bank money. Land banking is what very wealthy people do to preserve wealth. Many people from all over the world land bank money here. This country is an exceptional place to do this because it's politically stable and will stay that way in the future.
Keeping assets in currency is not a very good idea, neither is speculating on the stock exchange, as we have just seen in the most recent recession. Land banking money is a much safer place for it than a real bank and the interest paid surely is not comparable to the increase in land values.
Build your secluded Gulf Island retreat or develop a lodge or yacht club on the property's own natural harbour. There is a recently constructed storage building with electric heat on the site. A large wharf is on the estate now and it may be possible to add more. The possibilities are endless.
- Exclusive Cruise-in Lodge
- Yacht Club
- Private Retreat
- Area: 5 acres
- 795 feet of low bank oceanfront
- Zoned: Rural
- Price: $ 2,200,000 Canadian