Under Court Ordered Sale, Colliers is pleased to present the opportunity to acquire 3221 Heatherbell Road, Colwood, B.C. The property is an exceptionally well-located 3.90-acre waterfront development site, with an existing two-storey commercial heritage building also included. The heritage building, known as the Pendray House, is presently vacant. Highlights include: +/- 3.90-acre development site in the City of Colwood, offering a rare oceanfront location providing luxurious waterfront community living. Area 4 previously had a development permit for two six-storey residential buildings consisting of 62 units. Nearby amenities are abundant within a short driving distance, including Royal Roads University, Royal Bay, and the Beachlands. Delivered with zoning in place, thereby limiting entitlement risk. Flexible zoning for residential, hotel, retail, office, restaurant, and/or a senior care facility.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Co Lagoon, Colwood
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
3.903 acre(s)1.58 hectare(s)
Taxes:
$110,896.93 /
2024
Building Name:
Pacific Landing
Total Building Area:
8,400 sq. ft.780.386 m2
Commercial Area:
Western Communities
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
7922700.0
Assessment year:
2024
Jurisdiction name:
City of Colwood
Legal Description:
LOT 1 SECTION 33 ESQUIMALT DISTRICT PLAN EPP71688 EXCEPT PHASE 1 AND 2 STRATA PLAN EPS4233