9475 180 ST Surrey BC V4N 3V6
HIGH DENSITY RESIDENTIAL
2.06 Acre Site in Anniedale-Tynehead NCP Designated
OVERVIEW
This offering presents a lucrative opportunity with a land area of 2.06 acres, strategically located within High-Density Residential Zoning. The zoning allows for the construction of a 4-6 story building, with a generous 1.3 FSR, resulting in a total buildable square footage of 11,710.20. Recent transactions in the nearby vicinity involving reputable entities such as Beech Westgards, Anthem, Qualico, IOM, among others, indicate significant interest from prominent investors and developers within the Anniedale-Tynehead Plan.
Accessible via 96 Avenue, 176 Street, and Hwy 1, the property benefits from the completed watercourse report, revealing a larger buildable area indicated on the NCP Land Use Map. This valuable insight is available upon request. The property positions as a prime candidate for strategic development, emphasizing its potential within the broader real estate landscape.
HIGHLIGHTS
- This property offers a total of 8 Suite Beds, providing ample accommodation for potential tenants.
- Currently, 2 of these Suite Beds are already occupied, with one leased out at a competitive rate of $1,200.00 per month and the other at $1,500.00 per month.
- The property features a 5,400 square feet shed located at the rear, which adds an additional layer of versatility and revenue potential.
- The shed comes equipped with an electrical supply, opening up various possibilities for business operations or potential leasing opportunities
- With an estimated monthly rental revenue of approximately $2000.00, the shed further enhances the property's overall income-generating capabilities, making it a highly desirable asset for investors seeking lucrative returns.
This property presents an ideal investment opportunity with its lucrative rental income, strategic location, and versatile additional space, making it a perfect choice for savvy investors and developers.
DOCUMENTS
DISCLAIMER
Please be advised that the details provided are based on current information available and are subject to potential updates or changes. It is recommended to verify all information independently and conduct due diligence prior to making any decisions or commitments on the property.
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