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1 Sun Rivers Dr
Kamloops, BC V2H 1T9

Sun Rivers Development Lands · Land For Sale · 48.00 AC

Investment Highlights

  • Approximately 48+ acres of mixed development land
  • A mix of single family and multifamily housing types.
  • Bighorn Golf & Country Club situated throughout development
  • Remaining density of over 279 units
  • An existing density of over 1,600 units

Executive Summary

The property represent an opportunity to acquire the remaining development lands located within the existing high-end Sun Rivers Resort Community, which currently has over 1,000 mixed residential units built-out, the popular Bighorn Golf & Country Club and Masons Kitchen & Bar, and the “Village Centre” development land. The remaining development parcels can accommodate a mix of single family, townhouse, and multifamily housing types with a remaining density of over 279 units. An infrastructure agreement between the Sun Rivers Group and Corix (now Nexus through Bluestem Utilities) who have purchased the original Run Rivers Utility Company, provide for Nexus to provide servicing throughout the resort. The costs associated with the servicing, including electrical, natural gas, domestic and irrigation water, sewer, geothermal, municipal services, and community & neighbourhood maintenance are shared between the Sun Rivers group and Nexus, and once a threshold of 1,000 units is met, these costs will be wholly paid for by Nexus. Therefore, the subject lands present an even greater opportunity to potential developers, to acquire fully serviced sites, ready for development.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Master Planned Community
Total Lot Size 48.00 AC

1 Lot Available

Lot 152

Price £13,287,250
Price Per AC £276,818
Lot Size 48.00 AC

Approximately 48 acres of mixed development land. Remaining density of over 279 units. A mix of single family and multifamily housing types. An existing density of over 1,600 units. Bighorn Golf & Country Club situated throughout development.

Description

The subject properties are located throughout the Sun Rivers Resort Community in Kamloops, BC. The properties are 5 minutes from downtown Kamloops.

  • Listing ID: 33171170

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 1 Sun Rivers Dr, Kamloops, BC V2H 1T9

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