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1731 PASSAGE VIEW DRIVE in CAMPBELL RIVER: Z1 Willow Point Building And Land for sale (Zone 1 - Campbell River) : MLS® # 419921

1731 PASSAGE VIEW DRIVE CAMPBELL RIVER V9W 6L2 : Z1 Willow Point

Main Photo: 1731 PASSAGE VIEW DRIVE in CAMPBELL RIVER: Z1 Willow Point Building And Land for sale (Zone 1 - Campbell River)  : MLS® # 419921
$980,000
Prop. Type:
Building And Land
MLS® Num:
419921
Status:
Active
Bus Major:
Multi-Family
Prime panoramic ocean view 1.074 acre ridge property zoned RM-2 (multi family). A truly unique and one of a kind offering for sale. The property is entered via Passage View Drive; 175 feet wide and 284 feet deep. A large portion is flat prime real estate offering excellent panoramic views of Discovery Passage and surrounding Islands, which extends down the embankment to the Island Highway. Currently there is a 1960s townhouse complex earning $3759/ per month rent (5 rental units in total with carports). Plus a large detached shop. Possibility to subdivide and place 2 or 3 single family ocean view homes. Or the other option is to build a multi family development, suggesting a high end development targeting retirees seeking prime ocean view. Note there is a riparian zone at the far East side of the lot where Simms Creek runs parallel to the Island Highway. Historically a bridge existed across the creek allowing residents to cross over to the Sea Walk.
Lot Size:
Switch units of measure1.07 acre(s)
Lot Frontage:
Switch units of measure175'
Lot Depth:
Switch units of measure284'
Property Type:
Building And Land
Title:
Freehold
Major Business Type:
Multi-Family
Listing information last updated on 31-Aug-2017 3:10 PM
Erika Haley

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