4511 Pachena Pl

An exceptional development opportunity in one of Victoria's most strategic growth corridors. Situated on a rare 0.72 acre parcel, this property offers outstanding redevelopment potential in an area identified by the District's OCP for increased residential density. Located within the Saanich Corridors growth area, along a key transportation route designated for future higher density housing. Minutes from Broadmead Village, the Primary Urban Centre, shopping, restaurants, transit, parks & amenities, exactly the location developers seek for a multifamily project. The existing, well maintained residence provides excellent holding income while applications & permitting are underway. Home features three beds on the main level plus a self contained one bed suite below, ideal rental during entitlement. Level building site, services available, central location & long term upside. Buyer to verify redevelopment potential, zoning & servicing with the District of Saanich.