Exceptional Developer Opportunity – PRIME LOCATION! DEVELOPERS TAKE NOTE – ALL THE HARD WORK IS DONE! This ZONED and ready-to-build site is strategically located directly across from the Cowichan Commons Shopping Centre, offering unbeatable exposure and convenience. Situated in the highly sought-after Bell McKinnon OCP, this is one of the few properties in the area near permitting, making it a unique and time-sensitive opportunity for developers. A covenant is registered on the title protecting several key advantages for this property, including no Park DCCs required for development; reducing upfront costs, 6-storey development permitted; unlocking maximum potential, potential for 11 two-story townhomes and 41 - condo units, a relaxation on green space requirements. Take advantage of this rare, pre-approved opportunity in a thriving location with future growth potential. Contact the listing agent today for more information!
Address
2999 Drinkwater Rd
List Price
$3,375,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Duncan
Sub-Area
Du West Duncan
Lot Size
30461 Sq. Ft.
Lot Size (Acres)
0.69 Ac.
MLS® Number
994225
Listing Brokerage
eXp Realty (NA)
Postal Code
V9L 6C6
Tax Amount
$12,374.00
Tax Year
2024
Amenities
Central Location, Level, Recreation Nearby, Shopping Nearby