Located steps from transit and within walking distance to both Frank J. Ney Elementary and Dover Secondary, this North Nanaimo development lot is in a prime location. The City of Nanaimo’s R10 zoning allows for up to 16 multifamily units per hectare (buyer to verify), and a home on the property could be rented to generate monthly income while preparing for development. The sloping topography of the lot provides the opportunity for spectacular ocean views for a portion of the units to add even more value. (id:52782)
MLS® Number | 929313 |
Property Type | Vacant Land |
Neigbourhood | North Nanaimo |
Features | Central Location, Wooded Area, Sloping, Other, Rectangular |
Parking Space Total | 1 |
Access Type | Road Access |
Acreage | Yes |
Size Irregular | 3.4 |
Size Total | 3.4 Ac |
Size Total Text | 3.4 Ac |
Zoning Description | R10 |
Zoning Type | Residential |
https://www.realtor.ca/real-estate/25488289/56115621-hammond-bay-rd-nanaimo-north-nanaimo
Contact us for more information
Derek Gillette
Personal Real Estate Corporation
(833) 817-6506
(866) 253-9200
www.exprealty.ca/