Looking for the perfect future development site or a lucrative holding property? Look no further! This exceptional land assembly in rapidly growing Westbank Centre, West Kelowna, presents a rare and enticing investment prospect. Situated on freehold land, it offers flexibility to purchase neighboring properties or a single home, tailoring development to your vision. With booming real estate and a 0.6% vacancy rate, demand for multifamily buildings is soaring. Nearby shopping, transit, and restaurants make it ideal for redevelopment. New Official Community Plan (OCP) draft supports higher density, possibly reaching 12 stories along Brown Road corridor. Seize this incredible opportunity and capitalize on potential rewards. Act now - motivated sellers won't wait! Contact us today to explore the possibilities and unlock this remarkable land assembly's full potential. (id:22648)
Motivated Seller!!! Here is a perfect opportunity for a future development site. Ability to have as a great holding property. Purchase as is where is with potential to buy single home or others neighbouring property. This is part of a Land assembly in West Kelowna growing Westbank Centre on freehold land. With a vacancy rate of 0.6%, West Kelowna is it in need of more residential multifamily buildings. This rare assembly is located in an area with nearby shopping, transit, Restaurants, and local businesses (including dentists and doctors offices) this land assembly is prime for redevelopment. Transit is close offering a great opportunity for multi family residential builds. New OCP for the city of West Kelowna soon to be adopted supports higher density and the OCP draft indicates a height of 12 stories along Brown Road corridor might be attainable (id:22648)
Central location, FREEHOLD property, close to shopping, minutes from the lake and parks, great schools nearby, on the bus route. NEW OCP has been rezoned to ""Westbank Urban Centre - Commercial Core Area B"" = High Density, Mid-rise to High-rise up to 15 storeys. This corner lot is 11,000 buildable square feet. Units above 2nd level will have a view of Lake Okanagan. Lane along the side of the property yielding two entry points makes it ideal for multi-family development. Quick possession possible. *All measurements are approximate and should be verified by purchaser if important.* (id:22648)
For more info, please click the Brochure button. Extra large heated garage 20*50*14, elevator, 2 bedrooms, 2 full baths, private and quiet complex. 1,300 plus sq ft of living area, boasting 18’ living room, lots of windows, large private master bedroom, walk in shower, soaker tub, walk in closet. Main floor has full bath, bedroom, n/g fireplace, contemporary kitchen with quartz counter tops. Large deck overlooking the lake and Okanagan Mountain for that morning coffee and those summer evening meals, n/g BBQ, and wired for hot tub. Oversized garage allows full sized Class A RV’s, car hoists, and other options like trades who need the storage and security. Wired with 220V, n/g space heater, mezzanine, and r/i plumbing. Includes f/s, w/d and dish washer. Unit needs nothing and was non-smoking, non-pet. Low strata fee $265, economical to heat/cool, no property purchase tax, no speculation tax, prepaid 99 year lease. (id:22648)
