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21025 48th Ave - 21025 48 Avenue 64,572 SF Sports & Entertainment Building Offered at $45,000,000 CAD in Langley, BC V3A 3M3
Investment Highlights
- Landmark golf asset featuring ±112 acres and more than 92,000 SF of improvements.
- Diversified income stream supported by golf operations, banquet and wedding facilities, and rental revenue.
- Includes ±2 acres of near-to-medium-term and ±4 acres of long-term non-ALR development land.
- Additional value from included golf equipment and on-site single-family residences.
Executive Summary
Colliers and Cushman & Wakefield are pleased to present the opportunity to purchase Newlands Golf & Country Club - a premier 111.71-acre club with more than 90,000 SF of improvements. Improvements include an 18-hole championship golf course and executive course, banquet and wedding facilities for up to 700 people, the Newlands Care Centre and Montessori School, and a bar and grill restaurant with dining room.
Property Facts
| Price | $45,000,000 CAD | Lot Size | 111.71 AC |
| Price Per SF | $696.90 CAD | Building Size | 64,572 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Sports & Entertainment | Year Built | 1990 |
| Property Subtype | Golf Course/Driving Range | ||
| Zoning | P-2 - Institutional | ||
| Price | $45,000,000 CAD |
| Price Per SF | $696.90 CAD |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Lot Size | 111.71 AC |
| Building Size | 64,572 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Zoning | P-2 - Institutional |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
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21025 48th Ave - 21025 48 Avenue
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