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$5,299,980 / 47254ft2 - NEW PRICE! Large View Royal Development Site - 47,000+ Sq. Ft. (Victoria)

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47254ft2
license info: Karen Love Personal Real Estate Corporation | Sutton Group West Coast Realty
NEW PRICE!
Residential MLS® 965378 – Commercial MLS® 965379 - $5,299,980

Attention Developers! We’re pleased to offer the last large development site for sale on Erskine Lane that’s perched high at the end of the road with southerly views overlooking View Royal to the Olympic Mountains. This 47,000 square foot property is designated “Intensive Mixed Use” in the View Royal Official Community Plan, which foresees commercial and residential uses in buildings up to 5 storeys with a maximum 2.5:1.0 FSR. This site enjoys the best location and outlook for exclusive ocean view apartments on every level. Municipal infrastructure upgrades are underway to service similar development projects on Erskine Lane. Two rental houses provide holding income while development plans are formulated. Don’t miss this exciting opportunity to build a true landmark building in View Royal! Please DO NOT walk the property without a confirmed appointment!

Karen Love Personal Real Estate Corporation | Sutton Group West Coast Realty

Marcus DeGroot | Sutton Group West Coast Realty

Robert Woodland | Sutton Group West Coast Realty

post id: 7755732986

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