Description

BUILDER ALERT! Rare 20,000+ sq.ft. R1 property in desirable Sullivan Station with strong redevelopment potential. City planning guidance for this pocket has supported subdivision into two approximately 10,000 sq.ft. lots. Under Surrey's current SSMUH regulations, builders can explore a duplex on each new lot with a secondary suite in each duplex dwelling - potentially creating 2 duplex buildings, 4 principal homes + 4 secondary suites = 8 dwelling units, subject to City approval, servicing, design and site requirements. Further garden-suite potential may also be worth investigating. Located on a quiet street near Goldstone Park and Snokomish Elementary. The existing home is livable and offers rental or holding income while pursuing subdivision. Excellent opportunity for builders, investors and land developers. (id:64528)