A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front and centre on one of Victoria's most desirable beaches. Formerly known as The Beach House Restaurant, this landmark & pinnacle of the community is now available for redevelopment or continued existing use. This much coveted restaurant/special event venue, includes 2 side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards the San Juan Islands. The substantial structure was fully updated in 2012 and has been well maintained. The commanding views from this location could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. Located beside McMorran Park near to Mattick's Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. The discerning buyer is offered an incredible opportunity with intrinsic value.