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$ 2,499,000
Est. payment | /mo
0.5 Acres Lot
$ 2,499,000
Est. payment | /mo
0.5 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1002022
Rental Info Unrestricted
Annual Tax Amount $2,943
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Multi Family
Property Description
Exceptional Development Opportunity in Nanaimo!
An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island's fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.
Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city's high demand for quality rental housing ensures strong long-term value and income potential.
Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Also listed under MLS 1002032
An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island's fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.
Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city's high demand for quality rental housing ensures strong long-term value and income potential.
Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Also listed under MLS 1002032
Location
Province BC
County Nanaimo, City Of
Area Na Central Nanaimo
Zoning RM5
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Restrictions ALR: No
Tax ID 009-119-515
Ownership Freehold
Listed by Sutton Group-West Coast Realty (Nan)
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