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Residential Property in Malahat & Area

$4,999,900 - ML# 882167
1875 Sooke Lake Rd
Malahat & Area - ML Shawnigan

This is only a guide. Please verify this information with your mortgage specialist.

Active gravel mining operation well located close to Victoria. 55 acres with approximately 6 to 7 million tons of high-quality aggregate to be mined, crushed, and sold. Current operator can stay, or the new owner may wish to operate on their own. All mining permits in place and the current lease agreement returns a revenue of $1.50 per tonne to the landowners with a minimum monthly quota to be met by the operator. Additional revenue can be generated as the property is an approved fill site. Current owners believe there is an opportunity to apply for rezoning, potentially to an industrial use. Contact the LS for further details on the permits, lease agreement, geological studies etc. Creative financing may be available to the right Buyers.

Real Estate Type:
Land 
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Taxes:
$3,873.15 (2020) 
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Interior Details

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Building Details

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Lot Information

SqFt:
2395800 
Acres:
55.00 
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Water:
None 
Waste:
None 
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None 
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Listed with:

RE/MAX Camosun

RE/MAX Camosun
Phone: 250-881-8225 / Fax:

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.