Multi-family for sale
2816 Herd Rd, Duncan
$1,197,000
Features
Lot Size
38,332 sqft
Gross Property Tax
$4,385 /year
Zoning
A2
Total no. of Units
1
Description
Excellent opportunity to acquire a potential redevelopment parcel in immediate proximity to the new Cowichan Hospital site currently under construction and due to complete in 2026. The property offers 0.88 acre of land currently occupied by a single family home and is just north of the hospital site. Although currently zoned single family, the property is identified as high density multifamily in the Bell McKinnon Land Use Plan which encourages densification of the property for intensive residential use, in anticipation of surrounding mixed use development surrounding the hospital and including a wide range of health care, retail, office and other commercial and residential uses. The property is currently improved with an approximate 923 SF home and outbuildings
MLS® Number 977530