Description

Vacant 196-acre lot located on Paldi Road in Cowichan Valley Regional District. Fantastic opportunity to invest in a large acreage with natural surroundings. At the Asking Price, the current owner will include the Approved Water License and servicing agreement for the site. The Water License and servicing agreement enables the provision of water and wastewater services to the Property and neighbouring properties and has provision for 15-year latecomer agreement for those accessing the water and wastewater services. Property has an overall approval for 330 units of housing and 100,000 sq. ft. of commercial Space and there is a development permit for the first 103 units of housing. In discussions with the Cowichan Valley Regional District, there is consideration being given to increasing the allocated density. Buyer to verify development potential, with CVRD. (Contact Agent for additional information) Court-Ordered Sale. Sold 'as is, where is.' Subject to court approval.

Listing Provided By

Macdonald Commercial Real Estate Services Ltd.

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