SOLD
SOLD - Strategic Investment Property on Sproule Avenue
759 Sproule Avenue, Coquitlam, BC, Canada
Burquitlam - Miller Grant
$2,600,000
Overview
Adam Lawrence Personal Real Estate Corporation is excited to announce the sale of 759-761 Sproule Avenue, a strategically located strata duplex parcel on approximately 8,000 Square feet of land designated for Medium density apartment redevelopment.
The purchase sets the developer buyer up with a foothold in a future assembly while they redevelop holdings adjacent to the subject piece. The properties are tenanted and will provide passive holding income for the purchaser as the development process unfolds in the neighbourhood.
Location
The Subject Property is situated near the Port Moody- Coquitlam border in the rapidly growing Miller-Grant neighbourhood of Burquitlam. Perched at the top of the hill and next to Burnaby Mountain, Miller- Grant offers proximity to a fantastic array of amenities and a pristine natural environment.
The location provides immediate access to the trails and scenic views from Burnaby Mountain while still only being minutes from the ocean at Rocky Point and Burrard Inlet.
There are several retail nodes within walking distance of the property, while Lougheed Mall, Coquitlam Centre and The Amazing Brentwood can be reached in minutes by Skytrain or shuttle bus.
The site also offers immediate access to the main arterial connection of Clarke Road with easy access to Como Lake Avenue as well as the Lougheed, Barnet and Trans- Canada highways within minutes.
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SOLD - Strategic Investment Property on Sproule Avenue