Northcott Grove Residences
Brandon, Manitoba
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Building size (SF) 56,000
- Price $1,300,000 CAD
Overview
Avison young is pleased to offer for sale 100% interest in Northcott Grove Residences. A shovel ready development property located in the south west corner of 1st Street North and Centre Avenue in Brandon, MB.
The property is offered for sale at $ 1,550,000 plus GST (100% Share sale of bare trustee company (Land Transfer Tax Savings) (Offered for sale at just over $ 32,000 per unit) All offers to be submitted prior to June 20th and presented to the Vendor as received at the earliest of that date.
Highlights
Land size: 56,000 sf or 1.29 acres - 200 ft frontage along 1st Street North and 280 ft depth
Zoning: CG GC – Commercial General (suitable for Multi Residential development)s
Shovel ready land with approved plans to build 3 storey walk-ups
Approved design to build 2 - 24 unit apartment blocks
48 suites of 2 bedrooms with balconies of 880 sf
Part of Phase 3 development adjacent to 2 - 48 suite condo and apartments
Ample space for 73 paved parking spots
New development agreement signed by current owner
City approved new civil and structural engineering plans
Site services including water, hydro, gas, phone, lights and paving
Waste and storm sewers extended from previous phases ($500,000 value)
Landscape design
