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MCCONNELL AVENUE * PREC - Personal Real Estate Corporation. DEVELOPMENT LAND. Anyone looking to develop a large scale residential neighbourhood in one of Terrace's best areas need not look any further. This 10 acre property has had a PLR into the city based on potentially 40 residential lots with utilities available. Once cleared the developer can offset expenses with the properties timber value. The location can't be beat: close to Coast Mountains College, elementary schools and many hiking and biking trails. This is a great opportunity to be the developer of a desirable residential neighbourhood on Terrace's bench. This property is pending the amalgamation of 2 lots. Sellers are willing to consider a vendor take back mortgage along with considerations to potentially move forward on a joint venture agreement with the right buyer. (id:203)