Property Type: Freehold Land
Price: $540,000 CAD
Parcel Size: 160 acres
Services: No septic and no well
One of last remaining 160 acre piece that is available within distance of Kamloops. This acreage is located 40 mins East from downtown of Kamloops. While enjoying a tranquil and exquisite country lifestyle, you can build your own dream house, start a hobby farm and practise hunting. The land has evaluated $20,000 worth of timber and is ready to harvest. Services on the property are easily installed. Enjoy panoramic view of the mountainous view, the property has power line close by and very good access off Martinson road. Small creek runs on the property, easy to access water. Property backs on to crownland so can enjoy absolute privacy. Large investment acreages like this within close to Kamloops does not come available often.
For your reference, below is the 2019 report on farmland value in Canada complied by Farm Credit Canada in which it states that the average annual growth of farmland value is around 6%.