Property Overview
-
Status
Sold -
Address
Fraser Plaza
7440 Fraser Street
Vancouver, BC -
# of Units
48 -
# of Storeys
3 -
Lot Size
28,884 SQFT -
Price
Please Contact Listing Agents -
SOLD
Expansive lot, 48 Unit South Vancouver Apartment Building with Redevelopment Potential
Cushman & Wakefield ULC is pleased to announce the sale of Fraser Plaza located at 7440 Fraser Street in the Sunset Neighbourhood of Vancouver, BC. A 48 suite, 3-storey plus basement rental building improved on a 28,884 square foot lot situated between East 58th and East 59th, along Fraser Street. The Property is within walking distance to an abundance of retail shops, restaurants and schools. Set along a main arterial route, residents at Fraser Plaza can enjoy immediate access to transit along Fraser Street, providing instant connectivity to many parts of the lower mainland.
Investment Highlights
- 48 Suites consisting of one, two, and three bedroom units
- Large lot of 28,884 square feet with 240 feet of frontage along Fraser Street
- Below market rents off ering considerable upside
- Redevelopment potential with new development across the street achieving a 2.61 FSR
- Less than 10 km from major shopping centres, Oakridge Centre, Marine Gateway & Metrotown
Property Location
Gallery
