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4544 Lanes Rd in Cowichan Bay: Du Cowichan Bay Multi Family for sale (Duncan) : MLS®# 1014109
Here is an opportunity to acquire a very unique Waterfront revenue property on Southern Vancouver Island.
This 5+ acre parcel contains a 19 unit senior’s mobile home park, large house with panoramic ocean views, a
six unit apartment building and an older house. All units currently rented with and 2024 EGI of
approximately 237,000. The property slopes toward the water so most units have ocean views. The location
is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to
increase revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified buyers with signed NDA. No sign at sellers requestMore details
Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 4635 Lanes Rd) of low-bank waterfront with stabilized net income of approx.$340,000. Potential gross income is approx. $590,000, with operations trending toward stabilization. Vendor take back financing available. OCP outlines future mixed-use supporting commercial units. Potential to add up to 17 cabins for recreational hoteling or retreat use, with accessory options like cafes, restaurants, or retail. Includes 2 rebuilt Superhost-rated cabins, redesigned marina with 84 slips, 2,800 linear ft of dock, launch ramp, and $2.5M in upgrades. Docks recently added, dragged, retightened with new anchoring, electrical, and metered slips. Marina is in demand with simple, efficient operations. 23 years remain on assignable and transferable foreshore lease. Ownership open to assisting new management with training. Must be sold with 4635 Lanes RdMore details
Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 1241 Sutherland Dr.) of low-bank waterfront with stabilized net income of approx. $340,000. Potential gross income is approx. $590,000, with operations trending toward stabilization. Vendor take back financing available. OCP outlines future mixed-use supporting commercial units. Potential to add up to 17 cabins for recreational hoteling or retreat use, with accessory options like cafes, restaurants, or retail. Includes 2 rebuilt Superhost-rated cabins, redesigned marina with 84 slips, 2,800 linear ft of dock, launch ramp, and $2.5M in upgrades. Docks recently added, dragged, retightened with new anchoring, electrical, and metered slips. Marina is in demand with simple, efficient operations. 23 years remain on assignable and transferable foreshore lease. Ownership open to assisting new management with training. Must be sold with 1241 Sutherland Dr.More details
Welcome home to Lambourn Park in beautiful Cowichan Bay! This rare 1100+ sq ft. Double-Wide Manufactured Home features 3 bedrooms, and two bathrooms- perfect for a couple that wants space for a Guest Room or an Office. The Living Room is spacious with a Dining Room off the kitchen- which is perfect for hosting family gatherings. The kitchen is well laid out with a Breakfast Nook area, and a dedicated laundry room near the back entrance. This home features a show-stopping Ocean View from the Living Room and the Covered Deck outside. Imagine sipping your morning coffee on the deck with your sweeping Ocean Views of iconic Cowichan Bay! This home has a nice sized driveway, a front and back yard along with a Workshop with tons of storage. Lambourn Park is safe, quiet and beautifully maintained with a tree lined entrance, and lovely grounds. This home is conveniently located close to grocery stores, golf courses, restaurants and 5 minutes to Cowichan Bay Village. Book your showing today!More details