Lot for sale

Block 1241 Malahat Offhwy, Malahat

$19,900,000 or
$19,900,000 or

Lot for sale

Block 1241 Malahat Offhwy, Malahat

Features

Lifestyle
945565 19900000 /en/lot~for-sale~malahat/945565?view=Summary /en/lot~for-sale~malahat/945565/photos 48.5568300000 -123.5726900000 true
Lot Size
15,576,620 sqft
Gross Property Tax
$15,136 /year
Zoning
RUR-1 - Rural Resource
View
Mountain(s), Valley, Ocean
Additional Features
Acreage, Central Location, Easy Access
7

Description

RARE OCEAN VIEW 360 acre property with Trans Canada highway frontage near the south Shawnigan Lake Rd turnoff & TC Hwy 1. The Department of Highways are currently surveying the site for potential egress and access for Shawnigan lake Road. The former E&N Rail line & hydro lines accessed off Okotoks Rd & Shawnigan Lake Rd run through the property. It has been suggested there may be 100 million tonnes of rock. A separate 40 acre property adjoining this parcel is also for sale located in the CRD zoned GB2 neighbours ocean view estates on 2.5 acre to 5 acre parcels is also for sale. The lower portion borders light industrial & TC Hwy 1. The property spans from near the south corner of Shawnigan Lake Rd & TC Hwy, south along a portion of TC Hwy 1, behind Okotoks Road; behind Malahat Mountain Meadows RV Park. There is an access road through a former gravel pit off Stebbings Rd (fenced road on lower portion off Stebbings) where a legal right of way will be registered for road access. The property is located 15 minutes North of Langford and Westshore Parkway. With careful planning and mixed rezoning in partnership with the CVRD this property could set the stage for a fabulous multi-purpose, functional development catering to the needs of the community, the Victoria /Shawnigan /Malahat /Mill Bay and Vancouver Island residents. A parcel of this size could provide much needed industrial, commercial, residential and recreational development. Seller may consider some vendor financing. Two separate adjoining properties listed as DL64 Malahat zoned GB2 neighbouring Goldstream Heights residential acreages and 670 Shawnigan Lake Road zoned INDUSTRIAL I-1F are also offered for sale providing contiguous parcel of 410 acres with substantial Shawnigan Lake Rd frontage and highway frontage. All interested parties must do their own due diligence regarding their intended use. Information package available.
MLS® Number 945565

Listing REALTOR®

Sandy Clark, REALTOR<sup>®</sup>

Sandy Clark

REALTOR®

Royal LePage Nanaimo Realty (NanIsHwyN)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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