Community SB7 – Success Block – Testimonials Title
Community SB7 – Success Block – Testimonials Text
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 980396
- Year Built:
- 1911
- Photos (51)
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An extraordinary opportunity to own a landmark property in the heart of Rockland, Victoria’s prestigious enclave of historic estates. Built in 1911 in the British Arts & Crafts style and converted to six suites in the 1940s, this property generates nearly $150,000 in annual gross revenue. Recently renovated suites feature modern updates, including a 400-amp electrical upgrade, while preserving the home’s Tudor and Georgian Revival charm with soaring ceilings, detailed woodwork, and stunning stained glass windows. Situated atop Rockland on a 10,800sq ft lot, the home boasts a dramatic entry foyer and timeless features throughout. With three garage bays, ample parking, and a prime location adjacent to Government House, 1385 Rockland offers a rare investment opportunity as a stable, cash-flowing asset in one of Victoria’s most sought-after neighborhoods.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Year built:
- 1911 (Age: 113)
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Vi Rockland, Victoria
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 10,872 sq. ft.
- Taxes:
- Signup
- Building Features:
- Basement, Bike Storage, Fire Alarm, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, See Remarks
- Construction:
- Stucco & Siding, Wood
- Electricity:
- Yes
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Hardwood, Linoleum, Mixed
- Total Building Area:
- 5,599 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Baseboard, Electric, Hot Water, Natural Gas, Wood
- Fireplace:
- No
- Pending Date:
- Signup
- Fencing: Partial, Low Maintenance Yard
- City, Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Utilities:
- Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Recycling
- Lot Site Features:
- Central Location, Level, Park Setting, Shopping Nearby, Sidewalk, Southern Exposure
- Parking Features:
- On Site
- Total Parking Spaces:
- 9
- Total Units:
- Signup
- Date Listed:
- Dec 12, 2024
- Original Price:
- 2350000.0
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Listed by Newport Realty Ltd.
Data was last updated December 27, 2024 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 69
- Avg list price:
- $798,150
- Min list price:
- $16
- Max list price:
- $6,000,000
- Avg days on market:
- 129
- Min days on market:
- 8
- Max days on market:
- 711
These statistics are generated based on the current listing's property type
and located in
Victoria. Average values are
derived using median calculations.
- JASON ANSON
- FOR MORE INFO. CALL, TEXT OR EMAIL:
- 1-250-252-7653
- [email protected]
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