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4608 & 4625 lanes road, victoria, bc - CBRE Canada

4608 & 4625 lanes road, victoria, bc - CBRE Canada

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FOR MORE INFORMATION<br />

PLEASE CONTACT<br />

Chris Rust<br />

Sales Representative<br />

250.412.5252<br />

chris.rust@cbre.com<br />

Lance Coulson<br />

VP Investment Properties<br />

604.662.5141<br />

lance.coulson@cbre.com<br />

Michael Deighton<br />

RESIDENTIAL DEVELOPMENT OPPORTUNITY<br />

WILCUMA LODGE<br />

<strong>4608</strong> & <strong>4625</strong> LANES RD, COWICHAN BAY, BC<br />

VP Investment Properties<br />

604.662.5156<br />

michael.deighton@cbre.com<br />

HIGHLIGHTS<br />

� Waterfront development property with engineering and development plans<br />

� Pre-paid utilities agreement in place (Over $300,000 spent)<br />

� Property enjoys ocean frontage of 320 feet<br />

� Previously proposed to construct up to 70 residential units<br />

� Sloping property allowing for terraced developments with stunning ocean views<br />

� Development re-zoning reports are available<br />

This disclaimer shall apply to CB Richard Ellis Limited, Brokerage, and all of its real estate agents, and to all other<br />

divisions of the Corporation (collectively “<strong>CBRE</strong>”). The information set out herein (the “Information”) has not been verified<br />

by <strong>CBRE</strong>, and <strong>CBRE</strong> does not represent, warrant or guarantee the accuracy, correctness and completeness of the<br />

Information. <strong>CBRE</strong> does not accept or assume any responsibility or liability, direct or consequential, for the Information or<br />

the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may<br />

deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change<br />

and any property described in the Information may be withdrawn from the market at any time without notice or obligation<br />

to the recipient from <strong>CBRE</strong>.


PROPERTY PROFILE<br />

WILCUMA LODGE<br />

<strong>4608</strong> & <strong>4625</strong> LANES RD, COWICHAN BAY, BC<br />

TOTAL AREA Lot 1 – 4.99 acres<br />

Lot 2 – 1.25 acres<br />

Total – 6.24 acres<br />

Water Lot - 0.9 Acres<br />

CIVIC<br />

ADDRESS<br />

<strong>4608</strong> & <strong>4625</strong> Lanes Road<br />

PROPERTY ID 004-005-864 | 000-071-641<br />

LEGAL<br />

DESCRIPTION<br />

Lot 2, Section 5, Range 6, Plan 16649, Cowichan District; and Amended Lot 1, Section<br />

4, Range 6, Plan #4204 of Land District 16, Portion (DD173156I), Except Plan:11704, &<br />

Section 5 (DD 1731561I) & Except Plan:16649<br />

District Lot 521, Cowichan District (Licence #101846) – Water lot<br />

ZONING Split zoning: R-2, C-4, W-3 (water lot)<br />

PRICE: $2,600,000<br />

COWICHAN BAY: COMMUNITY PROFILE<br />

POPULATION Estimated (2009) – 81,700 residents in Cowichan Valley. The population is currently growing at<br />

arateofapproximately1% per year. Cowichan Bay (Electoral Region D) has a population of<br />

approximately 2,825.<br />

RECREATION Cowichan Bay enjoys world class prawning and crabbing as well a variety of fresh local fish.<br />

There are a variety of other outdoor recreation activities available in the community including:<br />

tennis, horseback riding, shopping, yachting, boating, and sailing as well as easy access to the<br />

Gulf Islands. Boat moorage, boat storage, and several ports of call area also in close proximity to<br />

Wilcuma Lodge make the region ideal for nautical recreation.<br />

CLIMATE “Maritime Mediterranean” climate is the warmest, mildest, and most similar to the Mediterranean<br />

in in all of <strong>Canada</strong> <strong>Canada</strong>. Low precipitation precipitation and warmer climates contribute to the region’s region s agriculture and<br />

tourism industries.<br />

COWICHAN REGION: POPULATION<br />

SUMMARY Cowichan Bay is quickly becoming a<br />

prominent centre on Vancouver Island for<br />

85,000<br />

snowbirds and environmentally charged<br />

tourism. Natural beauty, rich culture, and a<br />

80,000<br />

varietyy of amenities and activities includingg whale watching and several vineyards<br />

75,000<br />

make Cowichan Bay one of the<br />

desirable tourist destinations in BC.<br />

most 70,000


Exceptionally located waterfront property with excellent redevelopment<br />

potential, water frontage, and stunning ocean views.<br />

Restaurant, tourist, accommodations, ca<br />

mpground, marina operations, etc<br />

Single family residential dwelling, bed<br />

and breakfast accommodation, etc.<br />

1. Marina or Yacht Club<br />

2. Boat repair, shelter, etc.<br />

3. Moorage facilities<br />

4. Tourist accommodations<br />

5. Restaurant or café<br />

6. Single family dwelling<br />

7. Private or Public wharf<br />

USES USES: RResidential id til dt detached, hd attached, tthd ttownhomes, h & apartments t t 8. Recreational facilities<br />

MAX DENSITY: 86 Units per acre<br />

9. Office and/or retail<br />

LOT COVERAGE: 40%<br />

LOCATION<br />

HIGHLIGHTS<br />

AMENITIES<br />

� Split zoned: R2, C4 (Tourist Commercial), and W3 (Water Marina)<br />

� 2 separately zoned properties plus water lot lease<br />

� Cowichan Valley is experiencing a shift towards becoming a recreational hub<br />

� Closest Vancouver Island community to Saltspring, Galiano, Mayne, and Pender Islands.<br />

�� Sh Sheltered lt d moorage f for bboats t bbeing i stored t d and d ddocked k d<br />

Cowichan Bay is well serviced with a variety of amenities varying between necessity and<br />

recreation and including activities such as whale watching and boat building courses.<br />

�� Delicatessen �� Museum & Art Gallery<br />

� Pub & Hotel<br />

� Liquor store<br />

� Golf courses<br />

� Cherry Point Vineyards<br />

� Fuel dock (public & private)<br />

� Public, Government, & Private wharfs


WILCUMA LODGE<br />

<strong>4608</strong> & <strong>4625</strong> LANES ROAD, VICTORIA, BC<br />

ASKING PRICE: TWO MILLION SIX HUNDRED THOUSAND ($2,600,000)<br />

FOR MORE<br />

INFORMATION<br />

PLEASE<br />

CONTACT<br />

Lance Coulson<br />

VP Investment Properties<br />

604.662.5141<br />

lance.coulson@cbre.com<br />

Michael Deighton<br />

VP Investment Properties<br />

604.662.5156<br />

michael.deighton@cbre.com<br />

Chris Rust<br />

Sales Representative<br />

250.412.5252<br />

chris.rust@cbre.com

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