1.79 ACLand$2,560,000Sale
1.79 AC
Land
$2,560,000
Sale
Cody Davis PREC*
Jovi Realty Inc.
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Jovi Realty is pleased to be offering a 1.79 acre development site in Sechelt BC for sale. There is a covenant of 55+ and currently a DP in hand for 36 units or a buyer can amend to a rental building and double the doors to 72 with a rental covenant. Over 50% of the population on the coast is over the age of 50! Sellable is getting close to $600/sqft and rental rates high $2-low 3/Sqft
The Property
Asking Price$2,560,000
Available Space1.79 AC
NegotiableYes
Property UseMulti family
SourceDirect
The Lot
Jovi Realty presents an unique opportunity in Sechelt BC to purchase a Development Permit approved with Building Permit ready for pickup of a residential strata 3 storey building. The locals call their home the ‘Land Between Two Seas’ which is located on the desirable Sunshine Coast. In the town centre this 36 one and two bedroom units, grade level parking approved site has drawings and all the due diligence in place for a builder and or developer to have a shovel ready site. A specific buyer who is looking for more doors and a rental building, there is an opportunity to go back to the drawing board with the District of Sechelt for a 72 door rental building. This would take approximately 8 or 9 months and a 40 year covenant. See data room for more info.
Property TypeLand
Up to $500K for British Columbia businesses
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