Land For Sale • 8.5 AC
Centrally located 8.5-acre development parcel in the welcoming West Perth community of Mitchell. At least 4.5 developable acres, subject to an EIS to be completed by Buyer at time of planning applications. Potential reduction of manmade pond to be assessed as part of such EIS. 5 concept plans in place by the Sellers' consultant for a mix of 8 single family lots, 28 bungalow townhouse units, 72-80 stacked townhouse units, or a 6-storey, 94-unit apartment building. New concept/site plans could be developed by Buyer at time of planning applications. Relatively short term development window is possible. Roughly $200,000 has already been spent by the Sellers on bringing utilities (except hydro) to the Napier Street lot line. Sanitary sewers are readily connectable. Support from the Municipality of a possible second entrance to this parcel via Henry Street.
| $200,000 already invested to bring utilities to the Napier Street lot line. |
| Relatively short term delivery window is possible. |
| Sanitary sewers are readily connectable. |
| Close to golfing, walking trails, parks, medical centre, schools and shopping amenities. |
| 2nd access to the property has been municipality approved. |