Conveniently situated in the city, this property boasts close proximity to various amenities such as recreation and shopping. With a land size of 0.73 acres, this outstanding site is zoned A2, presenting a rare opportunity with numerous possibilities for development.
Under freehold ownership, this property is currently for sale and offers the potential for a proposed 32 condo development, with the zoning allowing for a 6-storey building. Additionally, an affordable housing concept plan for 49 apartments has been drafted, pending City approval. The completion of a Stage 1 Environmental assessment adds to the appeal of this property.
Bordering the Red Bridge River and Goldstone St., this property is located at 147-149 Thorburn Road in the city of St. John's, Newfoundland & Labrador. The postal code for this property is A1B4P8, making it an attractive investment opportunity in a prime location.