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For Sale
$11,000,000

2 Acre Townhouse Site

9413 172 Street
Tynehead, SURREY

2 ACRES | Residential Development Land

The Opportunity

2 Acre Townhouse Site

This offering is an opportunity to acquire a 2 acre townhouse development site in the Anniedale-Tynehead Neighbourhood Concept Plan. The property is located on the west side of 172 Street and with major offsite services estimated to be completed by the end of the year it will be one of the first pockets of the plan to develop. The site is flat, lightly treed and benefits from local parks, trails, schools, a future commercial node a couple blocks away and outstanding access throughout Metro Vancouver via immediate access to Highway 1.

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Summary

Property
Attributes

Land Size

2 acres

Development Potential

53 Townhomes

Price

Sale Price

$11,000,000

Property Taxes (2020)

$13,098.94

Location

9413 172 Street
Tynehead, SURREY

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Property
Features

The property contains a split land use designation of Medium High Density (up to 30 UPA) and High Density Residential (up to 45 UPA); both of which permit townhouse development. The High Density Residential designation also permits 4 storey apartments. No development application has been filed on the property; however, a preliminary site plan is available which shows a strategically planned 53 unit townhouse project. The unit mix in the drawings primarily contains side-by-side double garage units, with 14 smaller tandem garage units along the perimeter.

About The
Location

The property is located just south of Tynehead Park which contains over 14 km of trails winding through 600 acres of sprawling parkland. The property also contains southwest facing views due to the slightly sloped nature of the land. The property is walking distance to a future elementary school and in close proximity to Highway 1 providing quick access across metro Vancouver. Anniedale-Tynehead also benefits from the amenity rich neighbourhoods of Guildford to the west and Fleetwood to the south, both less than a 10 minute drive away.