00 Malahat (Off) Hwy

Unimproved Land For Sale in ML Malahat Proper, Malahat & Area

$22,000,000
RARE OCEAN VIEW 400 acre property with Trans Canada highway frontage near the the south Shawnigan Lake Rd turnoff & TC Hwy 1. The former E&N Rail line & hydro lines accessed off Okotoks Rd and Shawnigan Lake Rd run through the property. CVRD land is 360.4 acres zoned RUR-1 & CRD land is 39.6 zoned GB-2. The seller has indicated there is 100 million tonnes of rock. The upper portion of the property neighbours ocean view estates on 2.5 acre to 5 acre parcels. The lower portion borders light industrial & TC Hwy 1. The property spans from the south corner of Shawnigan Lake Rd & TC Hwy, south along a portion of TC Hwy 1, behind Okotoks Road; behind Malahat Mountain Meadows RV Park up to the end of Finlayson View Place in Goldstream Heights. There is an access road through a former gravel pit off Stebbings Rd (fenced road on lower portion off Stebbings) where a legal right of way will be registered for road access and another access point off Finlayson View Place. The seller has advised there is a 100 million tonnes of rock on the property. The property is located 15 minutes North of Langford and Westshore Parkway. With careful planning and mixed rezoning in partnership with the CVRD and CRD, this property could set the stage for a fabulous multi-purpose, functional development catering to the needs of the community, the Victoria /Shawnigan /Malahat /Mill Bay and Vancouver Island residents. A parcel of this size could provide much needed industrial, commercial, residential and recreational development; or potentially provide a secondary road access to Victoria and the Sooke Parkway. All interested parties must do their own due diligence regarding their intended use. Information package available.
Address 00 Malahat (Off) Hwy
List Price $22,000,000
Property Type Commercial Sale
Type of Dwelling Unimproved Land
Area Malahat & Area
Sub-Area ML Malahat Proper
Lot Size 17311179 Sq. Ft.
MLS® Number 933650
Listing Brokerage Royal LePage Nanaimo Realty (NanIsHwyN)
Postal Code V0R 2W3
Tax Amount $16,171
Tax Year 2022

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Lee Robinson

Royal Lepage Nanaimo Realty

4200 Island Highway North Nanaimo BC V9T 1W6

Mobile: (250) 327-8988

Toll Free: 1 (800) 377-4374

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