Block 1241 Malahat (Off) Hwy Malahat, British Columbia V0R 2W3

$19,900,000

RARE OCEAN VIEW 360 acre property with Trans Canada highway frontage near 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. It has been suggested there may be 100 million tonnes of rock. A separate 40 acre property adjoining this parcel is also for sale located in the CRD zoned GB2 neighbours ocean view estates on 2.5 acre to 5 acre parcels is also for sale. The lower portion borders light industrial & TC Hwy 1. The property spans from near 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. 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. The property is located 15 minutes North of Langford and Westshore Parkway. With careful planning and mixed rezoning in partnership with the CVRD 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. (26603046) (id:52782)

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https://www.realtor.ca/real-estate/26147904/block-1241-malahat-off-hwy-malahat-malahat-proper