$7,700,000
$8,200,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
10.98 Acres Lot
SOLD DATE : 05/25/2022
Key Details
Sold Price $7,700,000
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 886528
Sold Date 05/25/22
Rental Info Unrestricted
Annual Tax Amount $8,810
Tax Year 2020
Lot Size 10.980 Acres
Acres 10.98
Property Sub-Type Unimproved Land
Property Description
Opportunity to develop a thirteen acre land assembly adjacent to the new Cowichan District Hospital (under development) . The land is assembled to form a Village Core and Residential (High) development as designated in the new Bell McKinnon Local Area Plan. This land assembly includes the adjacent 2.02 acre property at 2650 Herd Road. The intense development which surrounds new hospital development in all cities is a prelude to the eventual design and development of this key thirteen - acre land assembly. The land is located at the gateway into the Bell McKinnon Hospital node adjacent to the City of Duncan and sits at the intersection of Bell McKinnon Road at Herd Road, just 370 metres from the controlled intersection on the Trans - Canada Highway. The City of Duncan and the District of North Cowichan benefit from consistent growth generated by its ideal environment and climate, and from expansion throughout the Capital Region and south - Vancouver Island.
Location
State BC
County Duncan, City Of
Area Du East Duncan
Zoning R1
Exterior
Parking On Site 1
View Y/N 1
View Mountain(s)
Building
Lot Description Acreage, Cleared, Easy Access, Level, Shopping Nearby
Others
Restrictions ALR: No
Tax ID 006-341-616
Ownership Freehold
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3775 Panorama Crescent, Chemainus, British Columbia, V0R 1K4, CAN