Belinda Kissack
This listing was posted on Belinda Kissack (via ListedBuy).
$3,950,000
Other Property for sale in Lake Cowichan, Lake Cowichan, 220 Macdonald Rd
Price:
$3,950,000
Location:
Lake Cowichan, BC
Description:
Attn Developers-Opportunity to complete this subdivision in sought after Lake Cowichan. Currently phase 2 is 35% complete with sewer and water and electrical close to the lot lines. The lots have already been cleared and graded and have a subdivision plan. The parcel includes plans for 23 lots, and 3 older duplexes which could be 3 additional lots. One duplex is move in ready with one half of it currently saleed, the second half is ready for a tenant. The second duplex requires some finishing work and the third requires substantial work. There are new roofs on all three buildings, and new windows in two of the duplexes. These lots (under one pid) are located 1 km to the beach, shopping and trails. This is a fantastic place to raise a family and enjoy outdoor life all year round! ‘As is’ Appraisal value of the property is $3.960M which includes the subdivision costs of paving, sewer and water to 35% of the proposed lots. Vendor can partially finance $2M at current bank lending rates. There are five lots for sale adjacent to this property and an additional house that can be purchased separately or in addition to these lots if a purchaser has different ideas for the subdivision. Still available at ListedBuy!
Posted:
May 19 on ListedBuy
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More About this Listing: Other Property for sale in Lake Cowichan, Lake Cowichan, 220 Macdonald Rd
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Other Property for sale in Lake Cowichan, Lake Cowichan, 220 Macdonald Rd is a Vehicle for Sale in Lake Cowichan BC. Find other listings by searching for Cars and Vehicles in on Oodle Classifieds.