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Lot 323-24 Spland Road in West Kelowna: Vacant Land for sale : MLS(r) # 10130354

Lot 323-24 Spland Road West Kelowna V1Z3Y7 :

Main Photo: Lot 323-24 Spland Road in West Kelowna: Vacant Land for sale : MLS(r) # 10130354
$3,500,000
Prop. Type:
Vacant Land
MLS® Num:
10130354
Status:
Active
69 unit townhouse development property located only 5 minutes to downtown Kelowna. Level, easy build, 3.35 acre site is situated adjacent to Indigenous World Winery vineyard and bordering Keefe Creek. Proforma financials show a $5.8 million profit with a conservative anticipated sale price of $400,000 per unit unit. Extensive architectural and engineering work has been done and WFN council has approved the Development Permit. The 2 stage permit approval process is complete and the DP will be released as soon as the DCC's are paid. Unique to Canada is a 126 year long, CMHC approved, pre-paid lease. Hydrology report, Geotechnical report, preliminary architectural drawings, landscape design.... hundreds of thousands of dollars has been spent bringing this property to this stage. Property can be built out and financed in 4 phases. Call for more information! Paul Neufeld or Wes Jones with RE/MAX Kelowna NEUFELD JONES MARSHALL; 250-470-1044; paul@neufeldjones.com.
Property Type:
Vacant Land
Transaction Type:
For sale
Ownership Type:
Leasehold
Community:
West Kelowna Estates
Amenities:
Golf Course, Recreation, Shopping, Schools, Park, Public Transit
Features:
Central location, Pole sign
View:
Mountain view, Valley view
Fireplace:
No
Land Amenities:
Golf Course, Recreation, Shopping, Schools, Park, Public Transit
Road Access:
Easy access
Current Use:
Development residential
Lot Frontage:
Switch units of measure580'
Lot Size:
Switch units of measure3.35 acre(s)
Lot Size:
3.35 ac|1 - 5 acres
Lot Details:
3.35
Road Surface:
Paved road
Listed by RE/MAX Kelowna
Listing information last updated on Jun 23, 2017 9:00 AM
Nadine Westgate Owner/Broker
  • Nadine Westgate Owner/Broker
  • Sage Executive Group Real Estate
  • 250-212-3769
  • Contact by Email
REALTOR®
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