A prime piece of land near Kelowna General Hospital (KGH) has recently been put up for sale, sparking interest among potential buyers.
The eight-lot land assembly, located on the corner of Pandosy Street and Royal Avenue, is being marketed as a rare opportunity for development in a highly sought-after area.
According to real estate agent John Smith, the land has been owned by the same family for over 50 years and is now being sold as part of their estate. The family has decided to put the property on the market in hopes of finding a buyer who will utilize its full potential.
The land, which spans over 1.5 acres, is zoned for medium-density residential development, making it suitable for a variety of projects such as townhouses, apartments, or a mixed-use development.
The location of the land is a major selling point, as it is situated just a few blocks away from KGH and within walking distance to downtown Kelowna. It is also in close proximity to schools, parks, and other amenities, making it an ideal spot for potential residents.
The listing has already generated a lot of interest, with developers and investors eager to get their hands on this rare opportunity. Smith believes that the land’s prime location and potential for development make it a valuable investment for any buyer.
The sale of this land assembly is expected to have a significant impact on the Kelowna real estate market, as it presents a unique opportunity for growth and development in a highly desirable area.
Interested buyers are encouraged to act quickly, as this type of opportunity does not come around often. With the demand for housing in Kelowna on the rise, this land assembly is sure to attract a lot of attention and potentially spark a bidding war.
For more information on the listing, interested parties can contact John Smith at 555-1234 or visit the listing on the real estate agency’s website.
In summary, the sale of this large eight-lot land assembly near KGH presents a rare opportunity for development in a highly sought-after area. With its prime location and potential for growth, it is sure to attract a lot of interest and have a significant impact on the Kelowna real estate market. Interested buyers are encouraged to act quickly before this opportunity is gone.
