Quick Summary
Quick Summary
- Expansive 1.3-acre land parcel
- Potential for high/mid-rise redevelopment
- Prime location near Surrey Downtown
- Close proximity to SkyTrain, mall, and amenities
- Existing 34 townhomes/apartments for rental income
- Opportunity for increased FAR from 2.5 to 4.0
- Possible allowance for up to 12-storey buildings
- Ideal investment for developers and investors
ATTENTION DEVELOPERS & INVESTORS!! 1.3 Acre (Approx. 57,000+ Sq.Ft.) of Land with 34 Town Homes/Apartments in the heart of Surrey!! Potential for Redevelopment into High/Mid Rise! Ideal investment for Rental Income - while you wait for permits! Prime Location - one street over from Surrey Downtown and just Blocks form Surrey Central Mall,... Show More
ATTENTION DEVELOPERS & INVESTORS!! 1.3 Acre (Approx. 57,000+ Sq.Ft.) of Land with 34 Town Homes/Apartments in the heart of Surrey!! Potential for Redevelopment into High/Mid Rise! Ideal investment for Rental Income - while you wait for permits! Prime Location - one street over from Surrey Downtown and just Blocks form Surrey Central Mall, Skytrain Station and SFU. Close to schools, entertainment, restaurants, shopping and Hospital. Current F.A.R shows as 2.5 but this land is slated to be 4.0 F.A.R soon - with possible allowable height for up to 12 storeys or more! Price is for all 34 units together with land. Buyer or Buyer's agent to verify with the City Of Surrey and do due diligence in every respect. Age and all measurements are from Autoprop and are approximate. Call for more details. (id:54626)
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