Osze Lake View Property
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$1,199,000 Sale
Listed 178 days ago
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Key Facts
Key facts for Osze Lake View Property
Property Type
Lots/Land, Unknown
0 garage, 0 parking
Listed on
Lot size
Days on Market
Year Built
Maintenance Fee
The 30-year aggregate/gravel operation on 42 acres located on the north side of Wakaw Lake seems to be a promising opportunity for investors. Although no official aggregate testing has been conducted, the vendor claims that the pit has been producing medium-sized aggregate for three decades and esti...mates a minimum availability of 500,000 tons. The property's location within one hour of Saskatoon, Prince Albert, and Melfort is advantageous for transportation and accessibility. This proximity to major cities provides a potential market for the aggregate materials. Additionally, the presence of several subdivision opportunities in conjunction with the local municipality can further enhance the investment potential. Subdivisions often require significant amounts of aggregate and gravel for infrastructure development, road construction, and building foundations. Being involved in these projects could create a stable demand for the aggregate materials produced from the operation. However, it is important to note that without official aggregate testing, the quality and suitability of the aggregate for specific construction purposes cannot be confirmed. Therefore, it would be prudent for potential investors to conduct proper testing to ensure the material meets industry standards and market requirements. Furthermore, it is advisable to perform a comprehensive due diligence process, including examining the legal aspects, environmental considerations, and obtaining any necessary permits or licenses required for operating an aggregate/gravel operation in the area. Overall, with the potential market demand, favorable location, and subdivision opportunities, this aggregate/gravel operation near Wakaw Lake could indeed be an attractive investment opportunity. (id:10452)
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Listing courtesy of: Royal LePage Saskatoon Real Estate
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