Development Opportunity - Colliers Canada

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FOR SALE BY COURT ORDER

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Development Opportunity 2502 & 2514 Spring Bank Avenue Merritt, BC

Development Highlights SENIOR VICE PRESIDENT

>>18.39 acre site located in Merritt, the gateway to British Columbia’s interior

[email protected]

>>Excellent single family/townhouse development site

MORGAN DYER* +1 604 661 0886

>>Includes four new homes

COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 604 681 4111 www.collierscanada.com

>>Unparalleled valley and mountain views and close proximity to a variety of shopping and services >>Convenient access to many of British Columbia’s major highways including Highway 5, Highway 5A, Highway 97, and the Trans Canada Highway.

100 Mile House

FOR SALE > Development Opportunity

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COURT-ORDERED SALE Civic Address: 2502 & 2514 Spring Bank Avenue, Merritt, BC Clinton

Legal Description: Lot A, KD YD Plan KAP57842, Lot 1-2, DL 121, KD YD Plan KAP92850, and Strata lots 1,4,5,6 DL 121, KD YD Strata Plan KAS4009, together with an interest in the Common Property PIDs: 023-571-250, 028-905-440, 028-905-458, 028-907-663, 028907-698, 028-907-701, 028-907-710 Site Area: 18.39 acres combined

Cache Creek Kamloops

Lillooet

1

Location: 2502 & 2514 Spring Bank Avenue is located to the south east of the Highway 5/5A Junction just off of River Ranch Road, just one block from the Extra Foods Store. The City of Merritt is located in the Nicola Valley in the south-central interior of Pemberton British Columbia and is 271 kilometers east of Vancouver.

Logan Lake

Agate

5

Lytton

Zoning & OCP: R7 (Comprehensive Residential) and ARI (Agricultural)

1

Boothroyd

Aspen Grove

Chaumox

5

Boston Bar

Contact Us

Brookmere

5A

Thalia

Chapmans

Assessed Value (2014) Land $ 1,187,000 Improvement $ 833,000 Total $ 2,020,000

Allison Lake

MORGAN DYER*

Spuzzum

1

SENIOR VICE PRESIDENT

Golden Ears Provincial Park

+1 604 661 0886 Yale Tulameen Coalment [email protected] 5

Harrison Lake

Dogwood Valley Choate

Pinecone Burke Provincial Park Hemlock Valley Resort

Princeton

Hope 1

North Vancouver

Harrison Hot Springs

Anmore

Coquitlam Port Moody Offer Process: Vancouver 7 Port Burnaby Lake Errock Durieu listing Coquitlam All offers are subject to court approval. Please contact the brokerBridal Falls 7 Deroche Rosedale for more information. Richmond Full sales package1 isFortavailable upon request. 7 Langley Delta

Asking Price: $1,750,000

Merritt

Falls Creek

Development Potential: 2502-2514 Springbank Avenue is a 18.39 acre parcel zoned for “Comprehensive Residential Development”. The offering includes 4 Garibaldi new homes (1 Rancher and 3 townhomes), 14 unit (6 Rancher and 8 Provincial Park Townhouse) serviced development site and a further 14 lot single family bare land strata development site and surrounding land.

Gross Taxes (2014) 23,231.67

Canford

Kanaka Bar

Mission

Surrey

Langley Aldergrove

Boundary Bay

Abbotsford

Chilliwack

1

White Rock Blaine

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation. JH 07/2014

Sunshine Valley

Cascade Recreation Area

COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 Skagit Valley Provincial Park +1 604 681 4111 EC Manning Chilliwack Lake Provincial Park

www.collierscanada.com

Provincial Park