2999 Drinkwater Rd Duncan, British Columbia V9L 6C6

$3,375,000

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! (id:46156)

Property Details

MLS® Number 994225
Property Type Multi-family
Neigbourhood West Duncan
Features Central Location, Level Lot, Other

Building

Size Exterior 1224 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 0.7
Size Total 0.7 Ac
Size Total Text 0.7 Ac
Zoning Description Cd26
Zoning Type Unknown

https://www.realtor.ca/real-estate/28121052/2999-drinkwater-rd-duncan-west-duncan