The Ridley Properties - Colliers International

VETER
EM
ANS M
D
OA
R
E
OK
SO
ME
ORIAL
L
RAI
DCA
TT
WiL
AD
RO
5.88
IN
2.22 Acres
Acr
es
OS
H
TC
PKWY
4.94
6.38
Acr
es
Acr
es
The Ridley Properties
Allandale Road, Colwood, BC
OPPORTUNITY
COLLIERS INTERNATIONAL
MICHAEL MILLER
1175 Douglas Street, Suite 1110
250 414 8399
Victoria, BC V8W 2E1
[email protected]
250 388 6454
www.collierscanada.com/victoria
TY WHITTAKER*
250 414 8395
[email protected]
This document 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). © 2015. All rights reserved. This communication is not intended to cause or induce breach of an
existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
Colliers International is pleased to introduce four
(4) strategically located parcels of land in the West
Shore of Victoria, British Columbia for the first time.
These properties offer a developer or owner/user the
ability to construct a wide range of facilities within the
existing zoning or the uses contemplated in the Official
Community Plan. The “Ridley Properties” are some of
the last remaining large parcels of commercial property
available in the West Shore and will benefit from the
continued residential growth in this region.
MICHAEL MILLER
250 414 8399
[email protected]
TY WHITTAKER*
250 414 8395
[email protected]
COLLIERS INTERNATIONAL
1175 Douglas Street, Suite 1110
Victoria, BC V8W 2E1
250 388 6454
www.collierscanada.com/victoria
FOR SALE > The Ridley Properties, Colwood, BC
LOCATION
PRICE
The Ridley Properties are prominently located just south of the Veteran’s
Memorial Parkway and Sooke Road intersection in the West Shore
of Victoria, B.C. The properties offer wonderful exposure to over
approximately 30,000 vehicles on a daily basis and are ideally located in
the heart of one of the provinces fastest growing communities.
4.94 Acres (PID:025-637-401) = $32.00 per sq.ft.
ZONING
Located at Allandale & Veterans Memorial
Six Million Eight Hundred and Eighty Five Thousand Nine Hundred and
Sixty Four Dollars ($6,885,964.00)
2.22 Acres (PID:025-637-436) = $40.00 per sq.ft.
The Ridley Properties are currently zoned M-2, General Industrial
Zone. Permitted uses include, but are not limited to, industrial uses,
service stations, retail sale of automobiles, lumber and building supplies,
unenclosed storage with accessory buildings and structures.
Three Million Eight Hundred and Sixty Eight Thousand One Hundred
and Twenty Eight Dollars ($3,868,128.00)
However, the City of Colwood’s Official Community Plan has identified
the subject properties as Mixed Use Employment Centre which includes
business of all types including commercial, retail, institutional and light
industrial with infill multi-family housing. Density within a mixed use
environment will be promoted by the City of Colwood.
Nine Million Two Hundred and Twenty Thousand Seven Hundred and
Eighty Dollars ($9,220,780.00)
SITE PREPARATION
5.88 Acres (PID:025-637-428) = $36.00 per sq.ft.
Wildcat Trail
6.38 Acres (PID:024-510-891) = $32.00 per sq.ft.
Eight Million Eight Hundred and Ninety Three Thousand Two Hundred
and Nine Dollars ($8,893,209.00)
The Vendor will provide all of the properties as level parcels with the
excavated rock from the 4.94 acre parcel being utilized to raise the level
of the 6.38 acre parcel to the approximate grade with Allandale Road.
Property
SITE SERVICES
Each property has a sanitary sewer line fronting it. Municipal water is
currently being upgraded along Allandale Road by the Capital Regional
District. Future plans include a controlled intersection at Allandale Road.
All site servicing and utilities should be confirmed by the City of Colwood.
ENVIRONMENTAL
The properties to the east of Veteran’s Memorial Parkway have received
Final Determination by the Ministry of Environment while the properties
to the west have not had any environmental reviews as they are
unimproved “virgin” parcels.
Veterans Memorial Parkway
Municipal water upgrading
VETER
EM
ANS M
D
OA
R
E
OK
SO
ME
ORIAL
L
RAI
DCA
TT
WiL
AD
RO
5.88
IN
2.22 Acres
Acr
es
OS
H
TC
PKWY
4.94
6.38
Acr
es
Acr
es
The Ridley Properties
Allandale Road, Colwood, BC
OPPORTUNITY
COLLIERS INTERNATIONAL
MICHAEL MILLER
1175 Douglas Street, Suite 1110
250 414 8399
Victoria, BC V8W 2E1
[email protected]
250 388 6454
www.collierscanada.com/victoria
TY WHITTAKER*
250 414 8395
[email protected]
This document 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). © 2015. All rights reserved. This communication is not intended to cause or induce breach of an
existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
Colliers International is pleased to introduce four
(4) strategically located parcels of land in the West
Shore of Victoria, British Columbia for the first time.
These properties offer a developer or owner/user the
ability to construct a wide range of facilities within the
existing zoning or the uses contemplated in the Official
Community Plan. The “Ridley Properties” are some of
the last remaining large parcels of commercial property
available in the West Shore and will benefit from the
continued residential growth in this region.
MICHAEL MILLER
250 414 8399
[email protected]
TY WHITTAKER*
250 414 8395
[email protected]
COLLIERS INTERNATIONAL
1175 Douglas Street, Suite 1110
Victoria, BC V8W 2E1
250 388 6454
www.collierscanada.com/victoria