Colonsay Half, RM of Colonsay No. 342, SK

Half section for sale in the RM of Colonsay no.342. This half has lots to offer. It is on the junction of two major highways, #16 and #2 only 75 kms from Saskatoon, it has a rail line through it as well as a Rogers cell tower that offers great rental income. The tower has been there for years and there is a current lease in place. The half is leased for two more years at $55/acre based on 271 acres. Soil class is F on both with a total assessment of $429,100. Asking price of $942,200.00. 271 cult acres x $3200/acre $867,200.00 or 2.02 times assessment for land value and $75,000.00 for the Rogers tower lease. Great opportunity for a solid investment, great returns and great location. Call today for more information. Openn offers platform will be used for submitting offers.