4070 Fraser Rd 5.63 Acres of Commercial Land Offered at $2,500,000 CAD in Courtenay, BC V9N 9P4

The subject properties provide the opportunity to acquire and develop this 12-lot single family subdivision site, adjacent to, and a natural continuation of, the neighboring Ridge Development. The subject property is located in South Courtenay and was annexed into the City during a 2007 municipal boundary extension.
The property is bound by Fraser Road and Millard Creek to the west, parkland to the North and East and agricultural land to the west and south which also correspond with the City’s boundary with the CVRD. The proposed 12 lot single-family subdivision site 4070 Fraser Road is a 2.21 ha (5.46 acre) rural residential lot located in South Courtenay.
The property is relatively flat with a sloped area near Millard Creek which transects the property and is, per the proposed rezoning, the area to be designated as PA-2.
The property’s existing access if from Fraser Road with a driveway culvert crossing Millard Creek to the primary residence. New vehicular access is to be established from a private road connector from Harbourview Boulevard via 3327 Harbourview Boulevard ensuring that all servicing infrastructure for the development is located within municipal boundaries whilst maintaining the riparian area surrounding Millard Creek.