1.07 ACLand$2,150,000Sale
1.07 AC
Land
$2,150,000
Sale
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1.07-ACRE WATERFRONT DEVELOPMENT SITE | 52-UNIT MULTIFAMILY OPPORTUNITY
The Property
Asking Price$2,150,000
Available Space1.07 AC
Property UseInvestment property
SourceDirect
The Lot
We are pleased to present a 1.07-acre oceanfront development site along Island Highway South in Campbell River, B.C. With expansive waterfront exposure and spectacular ocean views, the property has been fully r ezoned to RM-4 with an approved, site-specific FAR of up to 1.23 (vs. 1.1 0 FAR pursuant to RM-4), per mitting a 4-storey, 52-unit purpose-built rental project. The rezoning process is complete, allowing a purchaser to proceed immediately to permitting and development in one of Vancouver Island’s most sought-after coastal communities.
Property TypeLand
Lot Size1.07 AC
Up to $500K for British Columbia businesses
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