Francine Tracey

RE/MAX Commercial Advantage

Cell 604-961-6550

Email: info@francinetracey.com

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New property listed in Mid Vancouver Island

New property listed in Mid Vancouver Island

I have listed a new property at Subdivision of 490 Buildable Units in Inquire with Agent. See details here

50+ buildable acres sprawled over a gorgeous park-like setting with ocean views and close to all urban amenities. Zoned for multi family - over 490 buildable units. This price cannot be beat at under $22K per door land cost. Subdivision plan includes a mix of duplex, townhouse, and multifamily buildings. The first phase of this development can yield 175 multi family units, with less with a minimum $5,000,000 in infrastructure costs to bring services from nearby entrance road. The PLA is almost finalized, you can be building roads in a matter of months. The topography is rolling, and has many flatter buildable sites. The subdivision engineer/ designers are local and very familiar with terrain, the plan is very well laid out. The owner has specifically asked that this property be marketed exclusively to individual qualified investors.

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