5611/5621 Hammond Bay Rd Nanaimo, British Columbia V9T 5N2
$2,998,000
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:16027)
Property Details
| MLS® Number | 929313 |
| Property Type | Vacant Land |
| Neigbourhood | North Nanaimo |
| Features | Central Location, Wooded Area, Sloping, Other, Rectangular |
| Parking Space Total | 1 |
Building
Land
| 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
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June 01 2023 12:44:28
Vancouver Island Real Estate Board
Exp Realty