Osze Lake View Property, Wakaw Lake, Saskatchewan S0K 4P0

Listed for:
$1,199,000
0 beds
0 baths
Listed 219 days ago
Unknown for rent: Osze Lake View Property, Wakaw Lake, Saskatchewan S0K 4P0

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Listing provided by:
Royal LePage Saskatoon Real Estate
MLS® number:
SK933067
Agent:
Garry Frie
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About

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 estimates 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:27476)

Property Highlights

Type
Unknown
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is being offered as a Freehold ownership type, presenting a unique opportunity for potential investors. Situated on the north side of Wakaw Lake, the 42-acre land has been utilized for a 30-year aggregate/gravel operation, showing promising potential for interested parties.

While official aggregate testing has not been conducted, the seller asserts that the pit has been consistently producing medium-sized aggregate for the past three decades, with an estimated minimum availability of 500,000 tons. Its strategic location within an hour of Saskatoon, Prince Albert, and Melfort offers convenient transportation and accessibility, creating a potential market for the aggregate materials.

Furthermore, the property's proximity to major cities also presents opportunities for subdivision development, which can significantly enhance the investment potential. Subdivisions often require substantial amounts of aggregate and gravel for various construction purposes, such as infrastructure development, road construction, and building foundations, thereby creating a stable demand for the materials produced from the operation.

It is important to note, however, that without official aggregate testing, the quality and suitability of the aggregate for specific construction purposes cannot be confirmed. Therefore, potential investors are advised to conduct proper testing to ensure the material meets industry standards and market requirements. Additionally, a comprehensive due diligence process is recommended, including examining legal aspects, environmental considerations, and obtaining necessary permits or licenses 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 presents an attractive investment opportunity for those looking to capitalize on the growing demand for construction materials in the region.

This property is currently available for sale and is located on Osze Lake View Property in the city of Wakaw Lake, Saskatchewan, with the postal code S0K4P0.