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$524,900
1 Beds 1 Baths 1044107 MLS
Cash flowing $2200/month, If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans

1620 Loat St, Nanaimo

Courtesy of William Wright Commercial Real Estate Services

$499,900
1044069 MLS
This 13,000 sq.ft. lot is the last lot that offers sun exposure, ocean views, & valley views & is perched over the rest of the development adding an element of freedom. The piece of land features private laneway access off of Cottleview Drive & has all city services including natural gas. A level entry home w/ a walkout basement would work beautifully on this lot. The opportunities are endless to build your dream home. Located in a desirable area of Nanaimo, places like Departure Bay Beach, Stephenson Point, & Piper's Lagoon Park are all less than a 5-min drive providing all sorts of activities such as a waterpark, a sports field, tennis courts, cafes, & food trucks. Just a 10-min drive to the Island Highway to easily access other parts of Nanaimo & destinations across Vancouver Island. Minutes away from BC Ferries & seaplane services, there is convenient access to the Lower Mainland & a number of Gulf Islands. (Measurements & data approximate & should be verified if important.)

104 Bray Rd, Nanaimo

Courtesy of eXp Realty (NA)

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