$2,900,000

Investment For Sale In Campbell River, British Columbia

$2,900,000

Property Information:

Attention Developers & Investors! Don't miss this rare opportunity to own a prime multi-family future development property in the growing community of Campbell River, BC. This exceptional package includes four contiguous properties—one vacant lot, one apartment building, and two residential lots currently rented to 10 tenants, providing immediate rental income.With a total land size of 1.1 acres, this property offers incredible development potential. A comprehensive development application could allow for a 34-unit multi-family project, making this a fantastic investment in a high-demand area. To top it off, the properties offer stunning ocean views, adding to their long-term value and appeal.Opportunities like this don’t come around often!

Property Features:

  • Annual Tax Amount: $25,090
  • Floor Space (approx): 0 Square Feet
  • Lot Features: Central Location, Easy Access
  • Lot Frontage: 47916 Square Feet
  • Lot Size: 1.10 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: RM-3 & R1
  • Sewer:

Courtesy of: RE/MAX Check Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.