We just listed a new property located at 1210 Centennial Crescent in Kelowna.
Attention developers & investors! Here's an exceptional opportunity to acquire a strategic Land Assembly of three properties located at 1210, 1202 & 1152 Centennial Cr, perfectly suited for a lucrative infill/townhouse development project. Zoning Potential: While the properties are currently zoned as RU4, the City of Kelowna Official Community plan supports MF1 (Multi Family) zoning in this area. However, interested buyers should note that achieving an MF2 zoning approval would require a formal application process. Opportunity for Rental Potential: The land assembly offers a mix of owner-occupied & tenanted spaces, making it an attractive option for those looking to leverage rental potential during the planning & development stages. Investors seeking rental income while preparing for their townhouse project are encouraged to inquire. With each property listed at $1,250,000, this exceptional land assembly opportunity is worth considering! Buyers to Contact the City of Kelowna to Confirm Intended Use and Development Options. (id:2493)
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