5105 & 5109 Cordova Bay Rd, Saanich | $5,500,000

A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front and centre on one of Victoria???s most desirable beaches. Formerly known as The Beach House Restaurant, this landmark & pinnacle of the community is now available for redevelopment or continued existing use. This much coveted restaurant/special event venue, includes 2 side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards the San Juan Islands. The substantial structure was fully updated in 2012 and has been well maintained. The commanding views from this location could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. Located beside McMorran Park near to Mattick???s Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. The discerning buyer is offered an incredible opportunity with intrinsic value.

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Description

A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front and centre on one of Victoria???s most desirable beaches. Formerly known as The Beach House Restaurant, this landmark & pinnacle of the community is now available for redevelopment or continued existing use. This much coveted restaurant/special event venue, includes 2 side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards the San Juan Islands. The substantial structure was fully updated in 2012 and has been well maintained. The commanding views from this location could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. Located beside McMorran Park near to Mattick???s Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. The discerning buyer is offered an incredible opportunity with intrinsic value.

General Info

MLS Listing ID: 970330 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: Forced air, Heat Recovery Ventilation (HRV) Lotsize: 16732 sqft Air Conditioning : Air Conditioned

Amenities/Features

  • Central location
  • Park setting
  • Partially cleared
  • Other

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .