Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development. Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood. (id:47423)
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Detailed Information
Features
Level lot, Southern exposure
Listing Contract Date
2024-10-08
Municipal ID
001-846-647
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R5
Zoning
Residential
Building
Land
Total Size
0.97 acres
Access Type
Road access
Size of Irregular Land
0.97
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