Description

A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front & centre on one of Victoria???s most desirable sandy beaches. Formerly known as The Beach House Restaurant, this landmark and pinnacle of the community is now available for redevelopment or continued existing use. Much coveted as a restaurant/special event venue, it includes two side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards San Juan Islands. The current substantial structure was fully updated in 2012 and has been well maintained. These commanding views could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. The discerning buyer is offered an incredible opportunity with intrinsic value. LOCATION Cordova Bay is an up-market neighbourhood of Greater Victoria, with some of the city's prime oceanfront real estate. This property is located beside McMorran Park near to the services at Mattick???s Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. This warm and vibrant community offers excellent schools and access to the famed Lochside Trail. It also boasts the 18-hole Cordova Bay Golf Course and the nine-hole pitch and putt Ridge Course.