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Selling Online July 18, 2022 - 740 Acres - Bonnyville, Ab

For Sale: Land in Bonnyville, AB

Listing Details

Permitted uses:

• Agricultural
• Pasture/Ranch

Description

Tucker Lake FGL- 740 Acres For Sale- Bonnyville, AB Selling Online Monday, July 18, 2022 at 9:00am MDT The Price listed is the Starting. See Website for Details: https://www.clhbid.com/auctions/TuckerLakeFGL Alberta is known as Canada's ranching and oil capital. ‘Tucker Lake FGL’ is the ultimate example of both industries working in harmony; a case where even John Dutton would appreciate that the ranch could use the roads and off-ranch income - and Strathcona Resources is no Dan Jenkins. Grandpa used to say that money does not grow on trees, but it seems he did not ride his horse over this 740-acre Alberta Forest Grazing Lease located north of Bonnyville, Alberta. The Surface Lease Revenue currently exceeds over $75,000 per year! This does not take into consideration the recent surge in oil prices and seismic activity in the area that will undoubtedly bring on more development and increase this number. The current SLR is not based on old depleted wells past their best before date, but instead relates to major SAGD thermal oilsands development with significant, ongoing capital improvements. This income stream is about as real as it gets. If you are that investor that has always dreamt of ranching but has yet to buy any cattle, we suggest you get right on it. Based on the Starting Bid, your return on investment for ‘Tucker Lake FGL,’ before any cattle are dropped, should be north of 15% per annum considering the existing SLR alone. This investment is so solid that you may even decide to risk telling your wife about it in advance. ‘Tucker Lake FGL’ is, without a doubt, one of the supreme Forest Grazing Leases in all of Alberta. There is no need to worry about purchasing and then having to invest a great deal of work and money before you can use it. With the recently brushed eighty-foot right of ways for perimeter fences, sixteen ramps for ATV access over the fences, catch pens, abundant water (including spring-fed dugouts), updated steel corner posts and gates, as well as over thirty kilometres of new fence in 2022, ‘Tucker Lake FGL’ is a must-see. The 740-acre lease is cross fenced into three separate pastures. Good soil in an area of generally abundant rainfall makes for good grass, and ‘Tucker Lake FGL’ checks all the boxes here. Cattle grazing in belly-deep grass is the norm instead of the exception at ‘Tucker Creek FGL.’ Opportunities may be available for increasing the current AUMs. After pulling the cattle in the Fall, invite your hunting buddies up and enjoy spectacular big-game hunting on land you know like the back of your hand. ‘Tucker Lake FGL’ is being offered for sale via online electronic tender by CLHbid.com. Please check the website for updates from time to time.

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Location & nearby

This listing is located in Bonnyville, AB