202 harbour road
202 HARBOUR ROAD VICTORIA, BC
TIM SOMMER
PERSONAL REAL ESTATE CORPORATION SENIOR VICE PRESIDENT INVESTMENT SALES, CAPITAL MARKETS GROUP 250.410.3005 [email protected]
CUSHMAN & WAKEFIELD LTD.
ANNE TANNER
FOR SALE
PERSONAL REAL ESTATE CORPORATION MANAGING DIRECTOR 250.410.3001 [email protected]
VANCOUVER
VICTORIA
HIGH EXPOSURE DEVELOPMENT SITE 360° HARBOUR VIEWS 6 STOREY PERMIT READY
BILL RANDALL
PERSONAL REAL ESTATE CORPORATION 604.608.5967 [email protected]
Suite 340 - 730 View Street, Victoria, BC V8W 3Y7 250.410.3000 www.cushmanwakefield.com
202 HARBOUR ROAD, VICTORIA, BC High Exposure Development Site OPPORTUNITY
To acquire a 23,560 sf highly visible development property that can accommodate office and retail space. An approved Development Permit is in place for a 47,000 sf, six-storey office building. Situated as the gateway site to the growing Songhees and Dockside Green neighbourhoods, immediately adjacent to the base of the new Johnson Street Bridge, with current traffic counts approaching 40,000 cars per day, the subject property will be among the most prominent properties in this exciting and gentrifying area of Victoria, with exceptional water views, while also being just a brief walk from the Downtown core. The site was previously owned by the Federal Government and only recently became available for new development.
LOCATION
Specifically, the subject is located on the corner of Harbour Road and Esquimalt Road, immediately adjacent to the western base of the new Johnson Street Bridge in the Victoria West / Songhees neighbourhood, an area of Victoria expected to house over 8,000 residents. The site sits at the gateway to the future residential Dockside Green development, which will eventually see over 1.3 million sf of mixed-use density in a self-contained, highly sensitive and sustainable waterfront setting. As the Songhees area continues to grow, with upcoming grocery and retail sales as well as condominiums, the area will further develop as Victoria’s newest, more local-centric neighbourhoods.
LEGAL ADDRESS
That part of sub-lot 6, Section 119, Esquimalt District, Plan 3237 shown outlined in red on Plan 1338OS. PID: 006-263-984
ZONING
Land Use Designation:
CD-9 (Site F) the intent of which is to provide for a wide range of commercial, retail, restaurant, hotel and institutional uses.
Floor Space Ratio:
Up to 4366 square meters (47,000 sf)
Maximum Height:
Maximum 30.5 meters (100 feet)
FOR
SALE SITE SIZE AND DESCRIPTION
With approximately 260 feet of frontage along Harbour Road, the site is triangular in shape and measures approximately 23,560 sf.
IMPROVEMENTS
The site is vacant and ready to commence excavation.
PROPERTY TAXES (2014) $36,151
ASSESSED VALUE (2014) $1,603,800
LIST PRICE $2,850,000
REGISTERED ENCUMBRANCES
• Title will be transferred free and clear of financial encumbrances • R21503 Undersurface rights in favor of the Province of British Columbia
AVAILABLE DOCUMENTS
• Environmental Site Assessment by Franz Environmental Inc. dated January 2014 • Site Survey by J.E. Anderson & Associates dated November, 2102 • Geotech report by Ryzuk Geotechnical dated November, 2012 • Development Permit Application & approval letter, along with related drawings • Registered Encumbrances • Zoning Bylaw CD-9 • Demolition Permit • Architectual drawings for 6 storey office and retail building
SITE SURVEY
202 HARBOUR ROAD, VICTORIA, BC
FOR
SALE
High Exposure Development Site
Roundhouse
The Bay Centre
Caffé Fantastico
Starbucks
BC Legislature Building
The Local Bar & Gill
Cactus Club
Harbour Air Terminal
Darcy’s Pub
Market Square
Bayside/Promontory by Bosa
Il Terrazo
Delta Ocean Pointe Resort
BMW/Mini Dealership
Irish Times Pub
Save-On Foods
Future Dockside Green Residential
Bard & Banker
Starbucks
Spinnakers Gastro Brewpub & Guesthouses
TIM SOMMER
PERSONAL REAL ESTATE CORPORATION SENIOR VICE PRESIDENT INVESTMENT SALES, CAPITAL MARKETS GROUP 250.410.3005 [email protected]
ANNE TANNER
PERSONAL REAL ESTATE CORPORATION MANAGING DIRECTOR 250.410.3001 [email protected]
The Fairmont Empress Hotel
VANCOUVER
VICTORIA
FUTURE JOHNSON STREET BRIDGE
BILL RANDALL
PERSONAL REAL ESTATE CORPORATION 604.608.5967 [email protected]
E.&O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. The depiction in the included photographs of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. 02/15 ST
TIM SOMMER
PERSONAL REAL ESTATE CORPORATION SENIOR VICE PRESIDENT INVESTMENT SALES, CAPITAL MARKETS GROUP 250.410.3005 [email protected]
CUSHMAN & WAKEFIELD LTD.
ANNE TANNER
FOR SALE
PERSONAL REAL ESTATE CORPORATION MANAGING DIRECTOR 250.410.3001 [email protected]
VANCOUVER
VICTORIA
HIGH EXPOSURE DEVELOPMENT SITE 360° HARBOUR VIEWS 6 STOREY PERMIT READY
BILL RANDALL
PERSONAL REAL ESTATE CORPORATION 604.608.5967 [email protected]
Suite 340 - 730 View Street, Victoria, BC V8W 3Y7 250.410.3000 www.cushmanwakefield.com
202 HARBOUR ROAD, VICTORIA, BC High Exposure Development Site OPPORTUNITY
To acquire a 23,560 sf highly visible development property that can accommodate office and retail space. An approved Development Permit is in place for a 47,000 sf, six-storey office building. Situated as the gateway site to the growing Songhees and Dockside Green neighbourhoods, immediately adjacent to the base of the new Johnson Street Bridge, with current traffic counts approaching 40,000 cars per day, the subject property will be among the most prominent properties in this exciting and gentrifying area of Victoria, with exceptional water views, while also being just a brief walk from the Downtown core. The site was previously owned by the Federal Government and only recently became available for new development.
LOCATION
Specifically, the subject is located on the corner of Harbour Road and Esquimalt Road, immediately adjacent to the western base of the new Johnson Street Bridge in the Victoria West / Songhees neighbourhood, an area of Victoria expected to house over 8,000 residents. The site sits at the gateway to the future residential Dockside Green development, which will eventually see over 1.3 million sf of mixed-use density in a self-contained, highly sensitive and sustainable waterfront setting. As the Songhees area continues to grow, with upcoming grocery and retail sales as well as condominiums, the area will further develop as Victoria’s newest, more local-centric neighbourhoods.
LEGAL ADDRESS
That part of sub-lot 6, Section 119, Esquimalt District, Plan 3237 shown outlined in red on Plan 1338OS. PID: 006-263-984
ZONING
Land Use Designation:
CD-9 (Site F) the intent of which is to provide for a wide range of commercial, retail, restaurant, hotel and institutional uses.
Floor Space Ratio:
Up to 4366 square meters (47,000 sf)
Maximum Height:
Maximum 30.5 meters (100 feet)
FOR
SALE SITE SIZE AND DESCRIPTION
With approximately 260 feet of frontage along Harbour Road, the site is triangular in shape and measures approximately 23,560 sf.
IMPROVEMENTS
The site is vacant and ready to commence excavation.
PROPERTY TAXES (2014) $36,151
ASSESSED VALUE (2014) $1,603,800
LIST PRICE $2,850,000
REGISTERED ENCUMBRANCES
• Title will be transferred free and clear of financial encumbrances • R21503 Undersurface rights in favor of the Province of British Columbia
AVAILABLE DOCUMENTS
• Environmental Site Assessment by Franz Environmental Inc. dated January 2014 • Site Survey by J.E. Anderson & Associates dated November, 2102 • Geotech report by Ryzuk Geotechnical dated November, 2012 • Development Permit Application & approval letter, along with related drawings • Registered Encumbrances • Zoning Bylaw CD-9 • Demolition Permit • Architectual drawings for 6 storey office and retail building
SITE SURVEY
202 HARBOUR ROAD, VICTORIA, BC
FOR
SALE
High Exposure Development Site
Roundhouse
The Bay Centre
Caffé Fantastico
Starbucks
BC Legislature Building
The Local Bar & Gill
Cactus Club
Harbour Air Terminal
Darcy’s Pub
Market Square
Bayside/Promontory by Bosa
Il Terrazo
Delta Ocean Pointe Resort
BMW/Mini Dealership
Irish Times Pub
Save-On Foods
Future Dockside Green Residential
Bard & Banker
Starbucks
Spinnakers Gastro Brewpub & Guesthouses
TIM SOMMER
PERSONAL REAL ESTATE CORPORATION SENIOR VICE PRESIDENT INVESTMENT SALES, CAPITAL MARKETS GROUP 250.410.3005 [email protected]
ANNE TANNER
PERSONAL REAL ESTATE CORPORATION MANAGING DIRECTOR 250.410.3001 [email protected]
The Fairmont Empress Hotel
VANCOUVER
VICTORIA
FUTURE JOHNSON STREET BRIDGE
BILL RANDALL
PERSONAL REAL ESTATE CORPORATION 604.608.5967 [email protected]
E.&O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. The depiction in the included photographs of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. 02/15 ST
