Opportunity to acquire a fully tenanted, income-generating property with an approved development permit for the southern portion. The northern portion consists of six updated, 3-bedroom, 2-bathroom, two-level townhomes, some with ocean views. Enjoy steady rental income while developing the southern portion, which has approval for a 33-unit, three-story residential building over a concrete parking garage, with many units offering ocean views. The Township is currently reviewing and amending its Official Community Plan. There is potential for rezoning the northern portion to allow for increased density and redevelopment opportunities.
Address
1-6 715 CORLETT ROAD
List Price
$5,390,000
Property Type
Multifamily
Type of Dwelling
Other
Style of Home
2 Storey
Area
Sunshine Coast
Sub-Area
Gibsons & Area
Bedrooms
3
Bathrooms
2
Floor Area
7,200 Sq. Ft.
Lot Size
41595 Sq. Ft.
Year Built
1972
MLS® Number
R2934661
Listing Brokerage
Macdonald Realty
Basement Area
None
Postal Code
V0N 1V9
Zoning
RM1&2
Tax Amount
$16,241.00
Tax Year
2023
Amenities
None
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