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6805 Island Hwy - Ripple Rocks

100 Acres of Residential Land in Campbell River, BC V9H 1R7

Investment Highlights

  • Consistent population growth (+6.5% over the last 5 years)
  • A significant infrastructure project, the John Hart hydro dam upgrade, began in 2023, bringing a large new workforce to the area
  • Growing retirement community
  • Limited housing availability, with a projected need for over 600 new apartment units by 2025
  • Exceptionally low residential vacancy rate at 0.4%, the lowest in the Mid-Island region as of 2022
  • Strong presence in the fishery, ecotourism, manufacturing, and forestry sectors

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 100.00 AC

1 Lot Available

Lot

Lot Size 100.00 AC

Description

Marcus & Millichap REIS Canada Inc. is pleased to introduce Ripple Rock Estates, a +/-100 acre development opportunity stretching along nearly one kilometer of pristine shoreline. Significant investments have been made with plans for 188 bareland strata lots, including 43 oceanfront lots, with +/- 78.5 acres dedicated to residential use , +/- 5.5 acres mixed-use, and the remaining +/- 16 acres* planned for industrial.

zoning

Zoning Code CD5 (Ripple Rock Estates Neighbourhood Comprehensive Development)
CD5 (Ripple Rock Estates Neighbourhood Comprehensive Development)
  • Listing ID: 33072677

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 6805 Island Hwy, Campbell River, BC V9H 1R7

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