Multi Family located in Victoria - Vi Rockland, V8S 1V7
sqft, Beds, Baths
Listed by Mike ChubeyNewport Realty Ltd. - Listed On: December 12, 2024
- Built in: 1911
- Type: Commercial Sale
- Exterior Features: Fencing: Partial, Low Maintenance Yard,
- Heating: Baseboard, Electric, Hot Water, Natural Gas, Wood,
- Flooring: Array
- Lot Size: 0.25 acres
- Total Parking: 9
- Parking Features: On Site,
- Features: Central Location, Level, Park Setting, Shopping Nearby, Sidewalk, Southern Exposure,
- View: Array
Description
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.