New Reduced Price - 6.23 acre development property strategically located steps away from Cowichan Commons Shopping Centre and the new $1.5 Billion Cowichan District Hospital project which is now under construction. Upgrades to municipal services for the hospital project are slated to start shortly providing developers direct access to both municipal water and sewer. The future land use of the Property is defined within the Bell McKinnon Local Area Plan which designates the entire Property as "Residential Med (RM)" encouraging 2-3 storey townhouses and duplex/triplex development. The RM designation in the LAP suggests development of up to 3 storeys and maximum 1.2 Floor Area Ratio provided certain parking requirements are met. The site topography is flat and easy to develop. Contact listing agent for further details.
