Courtesy of Coldwell Banker Oceanside Real Estate
Lots of potential here! Situated between Youbou Rd and Arbutus Rd (accessed off Arbutus), this property features Southwesterly exposure, a municipal water connection, and a brand new VIHA certified septic system which was just installed earlier this year! Two older cabins sit on the property and while they both require work and are being sold "As is where is", they offer a variety of unique options for a new buyer at an affordable price point! With unfinished lower levels the current layouts can either be expanded on, or just cleaned up to live in while building a dream home. They also offer excellent revenue potential and make for an interesting holding opportunity (Youbou is exempt from spec tax!). One cabin is tenanted at 1200/mo, while the other is in the midst of renovations and ready for your finishing ideas! The location here is beautiful - walking distance from beach access and convenience stores (while only a short drive from the towns of Youbou, Lake Cowichan, and Duncan).