Telegraph Cove,
Dockside 29 Unit #22

Over the Waters Edge
$125,900 Canadian

Superb “over the water” apartment / hotel units with views of the constantly changing scenes of marina activity, located in world renowned Telegraph Cove. Excellent Rental Revenue Potential.

Telegraph Cove British Columbia

It doesn’t get easier than this to own a ‘care-free’ recreational vacation property.

Superb “over the water” apartment / hotel units with views of the constantly changing scenes of marina activity, located in world renowned Telegraph Cove just 30 minutes south of Port McNeill and in a region of incredible exploration, fishing, kayaking and outdoor adventure.

Telegraph Cove British Columbia

Offered for sale is 1 share in the Dockside 29 Owners Corporation which holds as an asset the building known as Dockside 29. This share is entitled to the exclusive use and occupation of Unit#22: a top floor suite with vaulted ceilings, considered to be one of preferred units of Dockside 29.

Telegraph Cove British Columbia

This unit also included 1 exclusive parking spot and priority moorage reservation status. The Dockside 29 structure is comprised of 29 hotel resort style single room units equipped with fully functioning kitchenettes complete with refrigerator, stove and microwave oven. Each unit enjoys intriguing views overlooking the beautiful Telegraph Cove & Marina and out towards Johnstone Strait.

Telegraph Cove British Columbia

These one-of-a-kind comfortable North Island accommodations are at the center of all the adventure activities this spectacular region has to offer. Telegraph Cove & the marina’s amenities also include Satellite television; wireless Internet; state-of-the-art water and sewer systems as well as the convenience and safety of a paved road from Highway 19.

Telegraph Cove British Columbia

Telegraph Cove Marina is one of the finest marina facilities on Vancouver Island. Floatation and decking were replaced in 2008 and 13 new slips and 2 new fish cleaning stations were added.

Telegraph Cove British Columbia

Dockside 29 is constructed on an engineered dock structure that has been driven into the seabed and anchored to bedrock, essentially putting these unique units “over the waters edge”. You don’t get closer to oceanfront living than this! The construction of Dockside 29 was completed in December 2002.

Telegraph Cove British Columbia

These unique ‘ocean-top’ units are ideally suited for year-round living or as a seasonal rental revenue investment. There are limited restrictions with regards to the rental of these units and rental management is offered to owners who wish to take advantage of this option.

This unit nets $5000-$6000 income for the owner per year!

Telegraph Cove British Columbia

Common expenses (Maintenance fees) include: general & administrative costs, bookkeeping & accounting, legal fees, building & equipment maintenance costs, cleaning of common property, common property electrical, water & sewer costs, satellite TV to the unit, maintenance costs, fire & liability insurance premiums for Dockside 29 as well as a portion of the decking & pilings, real property taxes & sublease rent, plus a contingency reserve fund equal to 10% of the total annual budget will be accumulated.

Telegraph Cove British Columbia

Telegraph Cove is an historical little community situated on the eastern coast of Northern Vancouver Island just 30 minutes south of the larger centre of Port McNeill. The town is built on stilts raised above the water on pilings and linked by a wooden boardwalk. A major destination during the summer months visitors include boaters, anglers, campers, kayakers and whale-watchers as it is the gateway to Robson Bight Provincial Park. Just across from Telegraph Cove is Broughton Archipelago Provincial Marine Park, a wilderness area consisting of a maze of several small islands, and numerous inlets. Incomparable Vancouver Island living!

Telegraph Cove British Columbia
Disclaimer:

Best efforts have been made to provide the most current and accurate information from sources believed to be reliable. Buyers should verify any information that is important to them to their sole satisfaction. Ed Handja and his team will make all efforts to assist clients through this process.