580 Rosehill St Nanaimo, British Columbia V9S 1E6

$1,249,000

Development Site - multifamily building site in the heart of Nanaimo. This R8 zoned allows for medium density residential. More than 20 units possible per highest & Best use, lot ready for 12 mainly two bedrooms and one large penthouse unit. The seller willing to renew before closing, Development issued permit #001128 now lapsed, Building permit application lapsed. Design, architectural, civil, structural, mechanical, electrical, & landscaping plans all included! Short distance to Waterfront, Bowen Park, schools, bus routes, & downtown Nanaimo. It is only 3 minutes by car to Nanaimo Hospital, 6 minutes to Vancouver Island University and BC Ferries, & close to many shopping centers in surrounding neighbourhoods. There is also a 3 bedroom rental rancher on site now- Building ''As is Where is'' Fully fenced. Separate garage with lane access. Ideal Townsite location. All measurements Approximate & should be verified if fundamental to purchase. Seller open to options Also MLS 933009 (id:52782)

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https://www.realtor.ca/real-estate/25641393/580-rosehill-st-nanaimo-central-nanaimo