Francine Tracey

RE/MAX Commercial Advantage

Cell 604-961-6550

Email: info@francinetracey.com

My Listings

Please INQUIRE WITH AGENT
Mid Vancouver Island Inquire with Agent

$10,700,000
Land Only

VI Map
Status:
Active
Prop. Type:
Land Only
MLS® Num:
EXCLUSIVE
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.
Price:
$10,700,000
Property Type:
Land Only
Lot Size:
90 sq. ft.
MLS® Num:
Exclusive
Status:
Active
  • Photo 1: Please  INQUIRE WITH AGENT in Inquire with Agent: Land for sale (Mid Vancouver Island)
    VI Map
Listed by RE/MAX FIRST REALTY.
Data was last updated September 18, 2024 at 01:10 PM (UTC)
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