Price: $15,300,000
Lot Size: 5.89 acres
Price per acre: $2,597,623
Property Type: Land
City: Surrey
Province: B.C.
Name of Brokerage: Frontline Real Estate Services Ltd.
A residential and commercial development site in Surrey has sold for $15.3 million, Justin Mitchell from Frontline Real Estate Services tells Western Investor.
The site is 5.98 acres and has preliminary plans for a mixed-use development. The property is located in the East Clayton Extension land use plan, near recent townhouse developments and multiple amenities, such as schools and parks. Development land comes at a premium south of the Fraser – the site sold for an impressive $2.6 million per acre.
The property is located at 18805 – 18855 72 Ave., Surrey.
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