Address
307, 311,315 Holly Ave, Nanaimo, BC
Price
$ 1,800,000
Property Attributes
  • ID#1050394
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodCentral Nanaimo
  • Postal CodeV9S 3M3
  • Style
  • Price$ 1,800,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size0.5 Acres
Data Source:
Canadian Real Estate Association (CREA)
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 information Measurements approx. Buyer to verify if fundamental to purchase (id:7434)

General Features

Property Type Multi-family
Zoning Description RM5
ZoningType Unknown
Neighbourhood Central Nanaimo
Building Type Multi-Family
Ownership Type Freehold

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in V9S 3M3

Price
AVG $1.8M
$1.8M