Pack up your pick and shovel and head to your very own 5 acre mining property in Pitt Meadows. These rare freehold undersurface rights allow for prospecting, digging, drilling, exploring and mining only - not for building a home. However, permitted structures that can be built include buildings, roadways and other structures and conveniences provided that they are primarily used for purposes above. Registered indenture and mining lease allows unrestricted access to the property (with or without vehicles) without compensation or royalties having to be paid to province or surface owners. Ownership includes all subsurface lands, mines, coal, minerals, oil, petroleum and natural gas. Located above the Georgia Gas Basin estimated by the Geological Survey Branch of Canada to contain 6.5 Tcf of natural gas. Family has owned these Crown Granted rights since the 1920s. STRICTLY A HOLDING PROPERTY, INVESTMENT OPPORTUNITY OR FOR MINING AND EXPLORATION USE ONLY.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Mn Mainland Proper, Mainland
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
5 acre(s)2.02 hectare(s)
Taxes:
$39.39 /
2023
Commercial Area:
Other
Fireplace:
No
Eastbound Lougheed Highway, exit at Old Dewdney Trunk Road after crossing
Pitt River Bridge.
Main Level
0
Yes
No
Unrestricted
Assessed:
1.0
Assessment year:
2023
Jurisdiction name:
Mainland
Legal Description:
LOT 2, BLOCK 6N, PLAN NWP11321, SECTION 14, RANGE 1E, MERIDIAN ECM, NEW WESTMINSTER LAND DISTRICT