3221 Heatherbell Rd

Co Lagoon Colwood V9C 0P4

Under Court Ordered Sale, Colliers is pleased to present the opportunity to acquire 3221 Heatherbell Road, Colwood, B.C. The property is an exceptionally well-located 3.90-acre waterfront development site, with an existing two-storey commercial heritage building also included. The heritage building, known as the Pendray House, is presently vacant. Highlights include: +/- 3.90-acre development site in the City of Colwood, offering a rare oceanfront location providing luxurious waterfront community living. Area 4 previously had a development permit for two six-storey residential buildings consisting of 62 units. Nearby amenities are abundant within a short driving distance, including Royal Roads University, Royal Bay, and the Beachlands. Delivered with zoning in place, thereby limiting entitlement risk. Flexible zoning for residential, hotel, retail, office, restaurant, and/or a senior care facility.