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200 HANSEN ROAD in NANAIMO: Z4 Central Nanaimo Land Only for sale (Zone 4 - Nanaimo) : MLS®# 455786

200 HANSEN ROAD NANAIMO : Z4 Central Nanaimo

Main Photo: 200 HANSEN ROAD in NANAIMO: Z4 Central Nanaimo Land Only for sale (Zone 4 - Nanaimo)  : MLS®# 455786
$4,550,000
Prop. Type:
Land Only
MLS® Num:
455786
Status:
Active
Bus Major:
Residential
Rare opportunity to obtain a residential development site in central Nanaimo on 6.55 acres with potential for 132 residential units situated in central Nanaimo. The current seller has proposed a development of 54 townhomes offering 3 levels, garage, and on site parking and 2 multi - family buildings of 38 units each consisting of mostly 2 bedroom and den 1000 to 1200 sqft condos with 2 on site parking stalls per unit. The seller has indicated that the City of Nanaimo would support this development and a rezone of the property to R8 to accommodate 4 story buildings, however buyers must complete their own due diligence with the City of Nanaimo. The proposed development would offer exceptional views of Mt Benson with all day sun providing walking distance to shopping, dining, the hospital, Pryde Vista Golf Course, public transportation, downtown, and VIU. Full city services are available. Information package upon request.
Lot Size:
Switch units of measure6.55 acre(s)
Lot Shape:
Lease Operational Costs per Sq Ft:
Unit Rentable Area:
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Property Type:
Land Only
Title:
Freehold
Major Business Type:
Residential
Business Name:
Multi-Family Type:
Industrial Type:
Restrictions:
Land And Services:
Date Listed:
Previous Price:
Original Price:
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated August 17, 2019 at 03:10 AM (UTC)
MARION PATRICK