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Land, Building & Operations Contact Us Ken Cloak Vice President 250 414 8372 [email protected] Dominic Ricciuti Associate 250 414 8386 [email protected] FOR SALE | 7081 Central Saanich Road, Central Saanich | BC Land, Building & Operations Colliers International Colliers International, Victoria, in cooperation with The Condo Group Real 1175 Douglas Street, Suite 1110 Estate is pleased to present a unique opportunity to own a 9.75 acre parcel Victoria, BC | V8W 2E1 of land located in the District of Central Saanich on Greater Victoria’s Saan- +1 250 388 6454 ich Peninsula. The offering, formally operated as a driving range and golf www.collierscanada.com training facility, features unparalleled exposure to Highway 17, the Patricia Bay Highway connecting the BC Ferries Terminal at Swartz Bay and the Victoria International Airport along with the communities of North Saanich, Town of Sidney, Central Saanich/Brentwood Bay and the District of Saanich to the City of Victoria. FOR SALE | 7081 Central Saanich Road, Central Saanich | BC The Offering • Land: 9.75 acre parcel with 7.5 acres of arable land currently dedicated to the production of barley crops. • Site Specs: Rectangular in shape and gently sloping in an easterly direction from Central Saanich Road to the Pat Bay Highway. Frontage to both is ±339 Ft. with a return of ±1,327 Ft. Location • Improvements: A 3,887 SF residential structure constructed circa 1950’s and substantially upgraded in the mid 1990’s. Main level comprises ±1,883 SF with a 661 SF upper floor area, The subject property is located plus a 1,343 SF grade level unit on the eastern exposure containing a ±1,000 SF rental suite, as on the Saanich Peninsula, 15 well as washrooms for patron use, storage and office areas. The site contains a fully fenced, km north of the City of Victoria, lit, paved and marked parking lot capable of accommodating up to 72 vehicles with access/turn midway between the Swartz around space for larger buses and delivery trucks. Bay Ferry Terminal and Victo- • Commercial Improvements: Former driving range building constructed circa 2004 comprising ria’s downtown. The property ± 11,500 SF on 2 levels (former open driving range uses) with fully improved M/F washrooms presents an unapparelled profile on main plus +/-1,100 SF of fully improved enclosed office premises above. fronting on the Hwy #17, the • Operations: A functioning mini-golf facility finished to a very high standard all constructed Patricia Bay Highway which con- around a 1 acre spring fed pond with decorative fountain. nects downtown Victoria to the airport and ferry terminal as well • Zoning: A – 1 Agricultural Zone with Agricultural Land Commission (ALC) and all necessary B.C. Liquor and Cannabis Control Branch (LCCB) consents for potential Craft Brewery & as the communities in between. Distillery operations. All licensing approvals attached to acqusition of the shares of the Traffic volumes are typically in corporate owning entity. a range of 15,000 to 60,000 vehicles per day depending on • Assessed Value, 2019: $2,178,320.00 the time of year and the subject • Property Taxes, 2019: $10,129.00 is conveniently accessed off the • Alternate Use Categories: In addition to the approved uses related to a craft brewery and traffic controlled intersection at distillery operations, the property lends itself to a pure agricultural use, farm market, equestrian the Hwy and Island View Road facility/stables, etc. to the main entrance fronting Central Saanich Road. Current Holding Income • Estimated NOI based on current operations is $32,000.00 per annum. Price Reduction $2.39M Colliers International 1175 Douglas Street, Suite 1110 Victoria, BC | V8W 2E1 +1 250 388 6454 www.collierscanada.com 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). © 2019. All rights reserved. This communication is not intended to cause PHOTO CAPTIONS: or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc. .
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