Description:
This property is located on Hwy 2 and features 146 acres located in the heartland of central Alberta. The town of Olds is a major service centre and regional market for over 20,000 people in the Mountain View County region. The central location along the Highway 2 corridor and the proximity to the major centres of Calgary, Red Deer and Edmonton contribute to the continued growth and economic stability of Olds. The prime location along Highway 2 is an ideal place for industry or business looking for room to grow within easy distance of markets and suppliers.
Initial Deposit:
$50,000, non-refundable and releasable upon waiver of conditions.
Conditions:
Purchaser would have forty-five (45) days to conduct their due diligence and decide whether they wish to proceed with the purchase.
Cash to Close:
Balance of the total purchase price.
Closing:
Thirty (30) days after conditions have been satisfied or waived.
Commission:
1.5% shall be paid to the Co-operating brokerage representing the Buyer
Farming:
The Vendor shall be entitled to farm the lands until the Purchaser commences development (and any undisturbed portions thereafter) at a rental charge to be negotiated. The Purchaser shall provide the Vendor with 120 days notice to vacate from the conclusion of the crop season in advance of commencement of development.
Deposits:
All deposits received by Seller’s lawyer.
