Susanna Crofton NEWPORT REALTY. CHRISTIE'S International Real Estate

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1369 Rockland Avenue in VICTORIA: Vi Rockland Apartment Block for sale (Victoria) : MLS® # 386505

1369 Rockland Avenue VICTORIA V8S 1V7 : Vi Rockland

Main Photo: 1369 Rockland Avenue in VICTORIA: Vi Rockland Apartment Block for sale (Victoria)  : MLS® # 386505
$3,800,000
Prop. Type:
Commercial
MLS® Num:
386505
Status:
Active
Build. Type:
Multi-Family
Historic STONYHURST sits high up on a ridge with spectacular views over Fairfield, the Strait of Juan de Fuca and the Olympic Peninsula. This storied property has been prominent in the Rockland area since it was built in 1884 as a manor home in the Arts & Crafts Tudor Revival style. The property neighbors Government House and is currently 9 suites - 3 bachelors, 5 one bedrooms and the crowning glory 2 bedroom suite at the top. 7 of the suites feature views needing to be shared. The main floor suites retain much of the character of the original home with period fireplaces, coffered ceilings and some with wood paneled walls. The park like grounds add to the grandeur of the estate. This property would be a solid investment to add to your portfolio providing consistent future returns as this desirable location warrants. Not all suites available to view on first showing. Call for more information.
Property Type:
Commercial
Commercial Type:
Multi-Family (5+ Units)
Type:
Apartment Block
Total Finished Rooms:
0
Total Unfinished Rooms:
0
Year Built:
1884
Lot Size:
Switch units of measure0.6 acre(s)
Lot Details:
Irreg.
Title to Land:
Freehold
Building Type:
Multi-Family
Exterior Finish:
Stucco, Wood Siding
Heating:
Elec Baseboard, Hot Water
Parking Places:
9.0
Water supply:
City/Munic.
Waste Disposal:
Sewer
Parking, Real Estate
turn onto private lane next to main entrance to Government House, head down one property. No Sign.
Bike Storage
Gross Taxes:
13148.76
For Tax Year:
2017
Assessed:
2571000.0
Assessment year:
2018
Assessment Roll Number:
4276005
Financing Options:
Purchaser To Finance
Gross income:
129670.0
Net Income:
77360.0
Revenue Property (Y/N):
Yes
Jurisdiction name:
City of Victoria
Legal Description:
Lot 12, Fairfield Farm Estate, Victoria City, Plan 955, Except Parcel A (DD50755-I) Thereof
Section Number:
FFLD
Land District Number:
57
Zoning:
R1-A
P.I.D.:
001-910-698
Possession Details:
TBA
Area Size Estimated:
Yes
Management Company:
Newport Property Management
Management Company Phone:
(250) 598-2220
Hot Water:
Electric
Total Units in Complex:
9
1-Bedroom Units:
5
2-Bedroom Units:
1
Bachelor Units:
3
Commercial Area:
Core (excl Downtown)
Total Building Area:
Switch units of measure7,249 sq. ft.
Lot Site Features:
View: Mtn, View: Water, Private
Building Features:
Bike Storage, Carpet W/W Mixed
Price Includes Building:
Yes
Price Includes Business:
No
Price Includes Land:
Yes
Services:
Cablevision, Electricity, Garbage, Sewer, Telephone, Water
Sale type:
Sale Of Shares
Transaction Type:
For Sale
Number of Units in Building:
9
Number of Units in Project:
1
Number of Storeys:
3
Date Listed:
Jan 08, 2018
Original Price:
$3,800,000
Listed by Brett Jones of Newport Realty and Dave Bornhold of Newmark Knight Frank Devencore Victoria
Listing information last updated on 17-Jan-2018 6:06 PM
SUSANNA CROFTON
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