Trafalgar Plaza - Coutts Bldg. Sites

$16,500,000

0 Beds
0 Baths
113,430 Sqft
2.6 Acres
0 Garages

<p><span class="s2"><span class="bumpedFont15">High traffic </span></span><span class="s2"><span class="bumpedFont15">location opposite Seven Mile Beach </span></span><span class="s2"><span class="bumpedFont15">with great visibility</span></span><span class="s2"><span class="bumpedFont15">. Adjacent to </span></span><span class="s2"><span class="bumpedFont15">Public Beach</span></span><span class="s2"><span class="bumpedFont15"> on West Bay Road</span></span><span class="s2"><span class="bumpedFont15"> in a rapidly developing area of exclusive resorts, prestigious residen</span></span><span class="s2"><span class="bumpedFont15">tial developments</span></span><span class="s2"><span class="bumpedFont15">, and fine shops, restaurants, and commercial businesses</span></span><span class="s2"><span class="bumpedFont15">.  This </span></span><span class="s2"><span class="bumpedFont15">superior </span></span><span class="s2"><span class="bumpedFont15">Hotel/Tourism zoned </span></span><span class="s2"><span class="bumpedFont15">development site</span></span> <span class="s2"><span class="bumpedFont15">can be sold as one complete site or two separate sites</span></span><span class="s2"><span class="bumpedFont15">. </span></span><span class="s2"><span class="bumpedFont15">T</span></span><span class="s2"><span class="bumpedFont15">he Coutts property </span></span><span class="s2"><span class="bumpedFont15">is comprised </span></span><span class="s2"><span class="bumpedFont15">of 1.06 acres and the Trafalgar Plaza site of 1.5</span></span><span class="s2"><span class="bumpedFont15">44</span></span><span class="s2"><span class="bumpedFont15"> acres.</span></span><span class="s2"><span class="bumpedFont15"> </span></span><span class="s2"><span class="bumpedFont15">Both sites can</span></span><span class="s2"><span class="bumpedFont15"> accommodate a development </span></span><span class="s2"><span class="bumpedFont15">up to 10 </span></span><span class="s2"><span class="bumpedFont15">storeys</span></span> <span class="s2"><span class="bumpedFont15">with the scale to afford significant returns on investment</span></span><span class="s2"><span class="bumpedFont15">.</span></span><span class="s2"><span class="bumpedFont15">  On the Coutts property site, you can develop a new 2 storey retail center on the front pad and a 7 to 8 storey building with 25 apartments behind it on the second pad.  For the Trafalgar parcel, you can develop a new 2 storey retail center with an 8 to 10 storey building behind it with 38 apartments.  A site redevelopment feasibility study has just been completed.  </span></span><span class="s2"><span class="bumpedFont15">In terms of land with West Bay Road frontage and </span></span><span class="s2"><span class="bumpedFont15">high density </span></span><span class="s2"><span class="bumpedFont15">zon</span></span><span class="s2"><span class="bumpedFont15">ing</span></span><span class="s2"><span class="bumpedFont15">, with beachfront access to a public park just across the street, the</span></span><span class="s2"><span class="bumpedFont15">se sites </span></span><span class="s2"><span class="bumpedFont15">very </span></span><span class="s2"><span class="bumpedFont15">rarely become </span></span><span class="s2"><span class="bumpedFont15">available</span></span><span class="s2"><span class="bumpedFont15">.  T</span></span><span class="s2"><span class="bumpedFont15">his is a tremendous opportunity to acquire </span></span><span class="s2"><span class="bumpedFont15">two sites that can be developed </span></span><span class="s2"><span class="bumpedFont15">at the same time or </span></span><span class="s2"><span class="bumpedFont15">individually</span></span><span class="s2"><span class="bumpedFont15">.</span></span><span class="s2"><span class="bumpedFont15">  Continue to rent out the Coutts building and Trafalgar Plaza to gain rental income while development plans are prepared.</span></span></p>

Essential Information
MLS® #417300
Square Footage113430
Acres2.60
Year Built1980
TypeCommercial
StatusArray
Community Information
Address1428, 1446 West Bay Road
Area

Governor's Harbour, Seven Mile Beach Corridor, Snug Harbour

City

Governor's Harbour, Seven Mile Beach Corridor, Snug Harbour

Amenities
ViewBeach View,Inland
Interior
Stories2
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