for sale // land assembly 10255, 10265, 10271 148a …
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E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield ULC 06/20 gh
Michael HardyPersonal Real Estate CorporationAssociate Vice President604 608 [email protected]
Ely GolvinAssociateCommercial Sales & Leasing604 640 [email protected]
FOR SALE // LAND ASSEMBLY10255, 10265, 10271 148A STREET10258, 10264 148 STREETVANCOUVER, BC
150 STREET
104 AVENUE
100
AV
ENU
E
GUILDFORD TOWN CENTRE
SURREY CITY CENTRE
OPPORTUNITY 148-148 Assembly represents an opportunity to acquire a 37,188 square foot development site within walking distance to the Guildford Town Centre. The assembly is comprised of 5 RF zoned lots, each lot is approximately 7,500 square feet for a total area of 37,188 square feet.
The single family homes can be provided tenanted or vacant, depending on buyer’s preference.
The site is within the proposed Guildford Town Centre – 104 Avenue Plan. Stage 1 Plan was endorsed by Surrey City Council in 2019, with Stage 2 scheduled for council consideration Q4 of 2020.
Within the Stage 1 Land Use Concept, the sites are designated Low to Mid Rise Apartment. We anticipate this will translate to a 2.5 FSR
LOCATIONWithin eyeshot of Hjorth Road Park, and the Real Canadian Superstore, the site offers many walkable amenities.
An easy 10 minute walk from Guildford Town Centre, 1,2 Million square feet containing over 250 stores, offering both service commercial as well as best in class retail managed by Ivanhoe Cambridge.The site is also directly West of 152nd Street, and access to Highway 1 providing for immediate access to the Fraser Valley and the rest of Lower Mainland.
Representing the Eastern End of the 104 Avenue corridor, the Guildford Town Centre is well poised to become the next hub for development in the Fraser Valley.
DEMOGRAPHICS
1 km 3 km 5 km
Population (2019) 16,642 99,150 217,712
Population (2024) 17,311 106,471 236,376
Projected Annual Growth (2019 - 2024)
0.8% 1.4% 1.7%
Median Age 39.9 38.5 38.3
Average Household Income (2019)
$68,298 $89,040 $95,165
ZONINGRF Single Family Residential Zone
ASKING PRICE$1,888,000 per house
TOTAL PRICE$9,440,000 Contact Listing Agent for Potential NOI & Price guidance on neighboring houses
ADDITIONAL SITE INFORMATION• Plan Approval Scheduled for Q4 2020• Potential for approximately 90,000 square feet of buildable area• Rapid Bus service along 104 Avenue & several amenities within
walking distance• Multiple traffic arteries in close proximity to the site
10255
1026510264
10258
10271
SALIENT DETAILS
PID Civic Address Zone Code Lot Size Gross Taxes2020 Assessed Total Value
013-706-616 10255 148A ST Surrey BC V3R 3Z3 RF 7,414 $3,755.61 $948,000
007-419-708 10258 148 ST Surrey BC V3R 3W9 RF 7,521 $3,314.39 $813,600
010-499-831 10265 148A ST Surrey BC V3R 3Z3 RF 7,319 $4,217.32 $859,500
010-499-857 10264 148 ST Surrey BC V3R 3W9 RF 7,506 $3,335.49 $820,700
004-495-136 10271 148A ST Surrey BC V3R 3Z3 RF 7,428 $3,488.53 $864,800
FOR SALE // LAND ASSEMBLY10255, 10265, 10271 148A STREET10258, 10264 148 STREETVANCOUVER, BC
POTENTIALEXPANSION AREA
148
STR
EE
T
148A
STR
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Suite 700 - 700 West Georgia Street / PO Box 10023, Pacific Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefield.com
Michael HardyPersonal Real Estate CorporationAssociate Vice President604 608 [email protected]
Ely GolvinAssociateCommercial Sales & Leasing604 640 [email protected]
FOR SALE // LAND ASSEMBLY10255, 10265, 10271 148A STREET10258, 10264 148 STREETVANCOUVER, BC
RESTAURANTSBoiling PointBrown’s Social HouseEarls Kitchen + BarFamoso Neapolitan PizzeriaMilestones Restaurants Moxie’s Grill & BarMr TonkatsuSabai Thai RestaurantRed Robin Gourmet Burgers
FOOD FARECarl’s JrNando’s ChickenChipotle Mexican GrillChurch’s ChickenFreshiiWendy’sKFCMcDonald’s Subway A&WOPA!Dairy Queen Jugo Juice
COFFEE SHOPSStarbucksYifang Taiwan Fruit TeaTim HortonsPresotea Coco Fresh Tea & Juice
SUPERMARKETST&T SupermarketHannam SupermarketPinoy SupermarketNesters MarketReal Canadian Superstore
BANKSRBC Royal BankTD Canada TrustBMO Bank Of MontrealCIBC
150
STR
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T
104 AVENUE
TRANSCANADA HIGHWAY 1
100 AVENUE
GUILDFORD TOWN CENTRE