An ideal holding or redevelopment property

for sale:FRENCH CREEK

OCEANFRONT COTTAGES1055 Island Highway East, French Creek

John Gantner250-240-3718(c)250-248-8371(o)john@johngantner.com(e) www.johngantner.com(w)

Never Before on the Market, Royal LePage is pleased to represent this unique opportunity.

French Creek Cottages are located at the corner of the Old Island Highway and Lee Road. Lee Road leads to the French Creek Marina, The Pub and French Creek Seafoods. The prominent 3.9 acre waterfront site has thirteen (13) waterfront panabode rental cabins along with a residence and staff accomodations. An indoor pool and racquet ball courts are located in the administration building on the site. The improvements dating back to the 1950’s and 60’s all show signs of deferred maintenance.

LOCATION

The irregular shaped site has 535 feet of frontage on the Island Highway and 321 feet of sandy beach frontage on Georgia Strait. The total site measures 3.9 acres that is gently sloping from the Highway to the sandy, walkable beach below. The sloping site lends itself to expansive views out to Georgia Strait from every point within the site. It is a very

THE PROPERTY

John Gantner 250-240-3718(c) 250-248-8371(o) john@johngantner.com www.johngantner.com

special property that has been a favorite of many families for many years. An adjoining one half acre property fronting on the Highway is available for sale and can be combined with the Cottage site. The one half acre site ownership is separate from the Cottage Property ownership.

French Creek is at the center of the Oceanside area consisting of Parksville, French Creek in the Regional District and Qualicum Beach. The population of Oceanside is just over 45,000 residents. The French Creek area is particularly popular with retired homeowners due to lower property taxes than Parksville or Qualicum yet benefiting from most community services including water and sewer. Increased popularity in the area is evidenced by the new Health Center operated by Vancouver Island Health Authority, the expansion of Wembly Mall featuring a new SaveOn Foods, Canadian Tire and Provincial Liqour Store have opened, complimenting the existing Oceanside Arena. Public and Private investments of this size are strong indicators of existing and planned growth in the area.

FRENCH CREEK

CIVIC ADDRESS: 1055 Island Highway East, Nanoose, BC

LEGAL DESCRIPTION: Lot 3, DL 29, Nanoose District, Plan 8209

John Gantner250-240-3718(c)250-248-8371(o)john@johngantner.com(e)www.johngantner.com(w)

Land $960,300.00Improvements $311,500.00Total $1,271,800.00

PROPERTY DETAILS

ZONING: Commercial 6 (CM6Q)

LAND AREA: 1.578 ha.

(3.90 acres)*

ASSESSMENT:

TAXES: $17,535.30 (2014)

REGISTERED OWNER:

French Creek House Ltd.

Inc. No. 362772

PRICE: $2,700,000.00

*The Highway frontage property shown as REM 2 on the plan is also available. Ownership is separate from the Cottage ownership, however, the owner is willing to sell the property in conjunction with the sale of the Cottage site. The property outlined in purple is approximately one half acre in size but more importantly could possibly allow the closure of the cottage frontage road that is between the two properties. The one half acre lot is priced at $300,000.00. Request an email package for both the Cottage Site and the additional one-half acre property. The package will contain copies of the titles and charges, zoning for each of the properties along with a copy of the Assessments and Property Tax information. John@JohnGantner.com.