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Camden Court 10050-10090 137 A St 34 Unit Apartment Building £16,625,545 (£488,987/Unit) Surrey, BC V3T 5M6



INVESTMENT HIGHLIGHTS
- 1.3 acres (57,000+ sq.ft.) of land located in Surrey
- Current FAR (Floor Area Ratio)
- Close to schools, shopping, restaurants, entertainment, and hospital
- Includes 34 existing townhomes/apartments
- Possible allowable building height: up to 12 storeys
EXECUTIVE SUMMARY
ATTENTION DEVELOPERS & INVESTORS!! 1.3 Acre (Approx. 57,000+ Sq.Ft.) of Land with 34 Town Homes/Apartments in the heart of Surrey!! Potential for Redevelopment into High/Mid Rise! Ideal investment for Rental Income - while you wait for permits! Prime Location - one street over from Surrey Downtown and just Blocks form Surrey Central Mall, Skytrain Station and SFU. Close to schools, entertainment, restaurants, shopping and Hospital. Current F.A.R shows as 2.5 but this land is slated to be 4.0 F.A.R soon - with possible allowable height for up to 12 storeys or more! Price is for all 34 units together with land. Buyer or Buyer's agent to verify with the City Of Surrey and do due diligence in every respect. Age and all measurements are from Autoprop and are approximate.
PROPERTY FACTS
| Price | £16,625,545 | Apartment Style | Low-Rise |
| Price Per Unit | £488,987 | Costar Property Class | B |
| Sale Type | Investment | Total Plot Size | 1.31 ac |
| Sale Condition | Redevelopment Project | Property Size | 57,000 sq ft |
| No. Units | 34 | No. Floors | 3 |
| Property Type | Build-to-Rent | Year Built | 1986 |
| Property Subtype | Apartment | Parking Allocation | 0.46/1,000 sq ft |
| Use Class | RM - Multiple Dwelling District | ||
| Price | £16,625,545 |
| Price Per Unit | £488,987 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 34 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | B |
| Total Plot Size | 1.31 ac |
| Property Size | 57,000 sq ft |
| No. Floors | 3 |
| Year Built | 1986 |
| Parking Allocation | 0.46/1,000 sq ft |
| Use Class | RM - Multiple Dwelling District |
AMENITIES
SITE AMENITIES
- Courtyard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 34 | - | - |
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Walk Score®
Easily Walkable (87)
Transit Score®
Excellent Public Transport (89)
Bike Score®
Good for cycling (75)
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Presented by
RE/MAX Bozz Realty
Camden Court | 10050-10090 137 A St
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