7080 128 Street

West Newton, Surrey

7080 128 Street

West Newton, Surrey

$2,750,000

$2,750,000

About this Land in West Newton, Surrey

IPG is pleased to present this rental-purposed project named the "Elveden." The site currently has a development permit for 30,000 sq.ft. and over 4 storeys of mixed used development. With this, the "Elveden" would consist of 26 elegant units ranging from 1 to 3 bedroom rental homes. Furthermore, it could contain commercial units ranging from 631 - 2962 sq.ft. Of note, there has been a recent increase in density of 2.0 FSR. Thus, you can now build over 47,000 sq.ft. which should allow for an additional 10-14 units over 5 stories. With being located only a few minutes away from Kwantlen College and its development potential, this is an incredible investment opportunity! Let your development vision become reality with this unique rental-purposed site.

Listed by RE/MAX Commercial Advantage.

MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

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Features

  • MLS®: R2693623
  • Type: Land
  • Lot Size: 7,860 sqft
  • Frontage: 60.00 ft
  • Depth: 131.00 ft
  • Taxes: $3272.98