Exciting opportunity! This 40-acre Shawnigan Lake property offers endless potential. Located at the end of a cul-de-sac in an industrial area, just one minute to the Trans-Canada Highway and 10 minutes to Langford, it features two dwellings with separate addresses: a main house and a manufactured home (rented, seperate power). Generates over 10 thousand dollars a month in rent! Zoned F1 Forestry, it includes approximately 20 acres of flat land and 20 acres of treed, varied terrain with multiple wells, a 145' drilled well (20 US gallons per minute), excellent septic, and several building sites, some with water views. Not in the Agricultural Land Reserve, it’s ideal for rezoning to Light Industrial surrounding properties are L1. Enjoy trails for ATVs, 4x4s, hiking, or access to crown land and natural trails heading up-Island. Unlimited timber, rocks, and possible pit or dump site options. A private retreat or lucrative investment with long-term growth as Shawnigan expands. Wildlife abounds, making this property perfect for adventurous living, industrial development, or holding.