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Northern Central Coast Acreage with Ocean and Lake Frontage

DL 11, 40, 2487, 2488 Princess Royal Island Surf Inlet, ED HANDJA $ Canadian Personal Real Estate Corporation 3,500,000 Cell (250) 287-0011

and

SHELLEY McKAY Personal Real Estate Corporation Cell (250) 830-4435

bcoceanfront.com 2 DL11, 40, 2487, 2488 Princess Royal Island, BC

This is a unique opportunity, offering four contiguous titles totaling 251.88 acres with both oceanfront on the shores of Port Belmont at the head of Surf Inlet and lakefront on Cougar Lake.

Very few land options throughout BC offer substantial to the north and the community of Bella Bella to the acreage with oceanfront, lakefront and a historic dam – a southeast on the central BC coast. facility which could be reinstated and capable of developing significant hydro-electric power, possibly 1-1.5 The possibilities are diverse and almost limitless in size megawatts. An opportunity unlikely to be duplicated. and scope. It could be developed as a self-sufficient family estate or legacy property, an exclusive coastal Surf Inlet is located on Princess Royal Island, which is resort or a stand-alone coastal community development. along the Inside Passage and east of . The It is a great consideration for fresh or salt water island is positioned about halfway between Prince Rupert aquaculture opportunities or even beyond to a perfectly

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4 separate titles | Oceanfront and lakefront | Water access only isolated and protected high-tech hub to meet the highest waterfront, with 2855ft on Surf inlet and 2277ft on security requirements for storage of information given Cougar Lake. the potential for year-round power generation. • DL 2487 is 22.38 acres and fronts Surf Inlet. There is a The 251.88 acres is comprised of four individual titles, developed barge ramp which goes up to the dam to two on the inlet and two on Cougar Lake. access the reservoir and Cougar Lake. A creek crosses the southwest portion of this property. There is 2618ft • DL 2488 is 28.5 acres. It is a highbank oceanfront of both high and low bank frontage on Surf Inlet, property with views down Surf Inlet and a waterfall including a shellfish beach, and also fronting Findlay which runs through the property. It has 1577ft of River which flows down from Cougar Lake through the frontage on Surf Inlet. dam facilities into Surf Inlet.

• Lot 40 is 60 acres. This property has a relatively flat • Lot 11 is 141 acres. This property straddles both sides topography, has frontage on both Surf Inlet and of Cougar Lake and Findlay River, including the dam Cougar Lake and has the highest potential for onsite and the reservoir and incorporates both high and low improvements and development. There is 2047ft total bank frontage, a portion of which benefits from southern exposure. There is a total of 7730ft of shoreline.

bcoceanfront.com 4 DL11, 40, 2487, 2488 Princess Royal Island, BC

Fresh water license | Foreshore lease | Potential power generating dam

The dam sits at the centre of this collection of acreages, Included in the water license is the right to transmit approximately 330ft up from the oceanfront. This is a power up to 10 miles from the dam site. The second is a significant historic facility originally completed in 1916. It massive storage water license of 100,000 acre feet for the is a concrete and steel spillover dam and was built to reservoir above the dam. provide power for a community and gold mine which operated until the second world war. The dam was last There is a current foreshore lease fronting DL40 on the inspected in 1985, at which time it was determined to be Surf Inlet (oceanfront) side. Surf inlet is a deep water inlet sound. With everything in good standing other than that can accommodate access by large vessels and deep required upgrades and mechanical requirements there is water exists within approx. 50ft of the shoreline. the possibility of generating significant power. All related licenses are in place and current. A complement of studies have been completed to assess the viability of some of the potential applications specific There are two water licenses included in this offering. to this site and pertaining to the property’s potential. One is for the use of up to 156 cubic feet per second for power generation with a head of approximately 70ft and This is a great area for wildlife experiences and fishing potential power production in excess of 1 megawatt. and gathering opportunities, both fresh and saltwater. There is a healthy kokanee population in the lake.

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Access to this property is by boat and/or float plane to the oceanside and float plane to the properties fronting Cougar Lake.

Princess Royal Island is the largest island on British Columbia’s north coast and the fourth largest island in BC, at 869 square miles. It sits in the Inside Passage approximately 120 miles south of Prince Rupert. The Island is known for its wildlife, in particular as a home to Kermode (white spirit bears), black and grizzly bears and is part of what is called the .

bcoceanfront.com 6 DL11, 40, 2487, 2488 Princess Royal Island, BC

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BC Oceanfront Team

Ed Handja Personal Real Estate Corporation Cell (250) 287-0011

Zoning: SD-64

Strathcona Regional District

Taxes: $163.23 (2021)

Longitude: 53o1’N Latitude: 128o53’W Shelley McKay Personal Real Estate Corporation Cell (250) 830-4435

www.bcoceanfront.com

ROYAL LEPAGE Advance Realty (CampblRiv) 972 Shoppers Row, Campbell River, BC V9W 2C5 250-286-3293 | 1-888-286-1932

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.

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