Colwood · Commercial Sale · MLS® 1050559
567 Windthrop Rd, Colwood
$5,000,000
About this property
DEVELOPMENT OPPORTUNITY: Discover 3.90 acres of prime development land. The property is within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic designation that paves the way for increased density and Low-Rise buildings, up to 6 storeys. Surrounded by multi-family zoned properties, it stands as a prime example of the region's potential for higher density development, growth, and prosperity. The options for redevelopment are vast, making it an attractive investment in a thriving community. This expansive parcel currently includes a 3-bedroom home, a workshop, and various outbuildings for potential rental revenue.
Features & details
DDF Property Type
Vacant Land
Land Size
169,884 sq ft (3.9 acres)
Feature
Acreage
Feature
Park setting
Feature
Private setting
Feature
Irregular lot size
Feature
Other
Property Type
Unimproved Land
Water Source
Well: Drilled
Sewer
Septic System
Foundation
Poured Concrete
Location
Brokerage
Listed by RE/MAX Camosun.
Information is deemed reliable but not guaranteed.
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