Hospitality in First South available for sale
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Hospitality Property for Sale in First South

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First South Hospitality Property for Sale

More details for 693 Masons Beach Rd, First South, NS - Hospitality for Sale

693 Masons Beach Road, First South - 693 Masons Beach Rd

First South, NS B0J 2C0

  • Hospitality for Sale
  • $5,999,000 CAD
  • 9,068 SF

First South Hospitality for Sale

Positioned on a stunning 2.6-acre peninsula in First South, Nova Scotia, 693 Masons Beach Road presents a rare opportunity to acquire eight luxury short-term rental condos with commercial permits in place. Developed by Hook’d Homes, this turnkey investment blends lifestyle appeal with robust financial performance, offering projected gross revenues of $785,000 in 2026. The property is minutes from Lunenburg—a UNESCO World Heritage Site—and Mahone Bay, placing it at the heart of Nova Scotia’s most sought-after coastal destinations. Each unit is thoughtfully designed with premium finishes, expansive ocean views, and private hot tubs. Construction features include hurricane-rated structures, underground utilities, and reinforced seawalls exceeding federal surge standards. The development integrates natural purification systems with three ponds and sand filtration, enhancing sustainability and guest experience. With six units already sold, the remaining eight offer diversified income potential across varying layouts and sizes. Condo fees are modest at $125/month, covering essential services. The site’s proximity to Halifax and the international airport ensures accessibility for both guests and owners. Whether you're expanding a hospitality portfolio or seeking a lifestyle investment, Lil Hook Homes delivers enduring value in a high-demand market.

Contact:

Engel & Volkers

Date on Market:

2025-10-09
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LoopNet Canada Nova Scotia Hospitality Properties For Sale in First South, NS, Canada

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Hospitality Properties for Sale in First South

View All Available Listings
How many hospitality properties are available for sale in First South?
There are currently 1 hospitality properties available for sale in First South, offering a unique opportunity for businesses to establish a presence.
How big are the hospitality properties available for sale in First South?
The average size of hospitality properties available for sale in First South is about 9,068 SF. The largest hospitality properties available to buy is 9,068 SF and the smallest is 9,068 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for hospitality properties in First South?
The average market cap rate for hospitality properties for sale is about 6.00% based on data provided in First South. Learn more about how cap rates are calculated.
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