Discover an exceptional investment opportunity with this 5-acre development lot located within the city limits of Nanaimo, one of the region's fastest-growing areas. A current proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations offers even more substantial development opportunities. Situated next to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot provides a perfect blend of natural living and urban convenience. It is an ideal location for your next project, offering both tranquility and proximity to city amenities. (id:4069)
Address
2330 Extension Rd
List Price
$1,980,000
Property Type
Vacant Land
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
British Columbia
Sub-Area
Nanaimo
Lot Size
5 Sq. Ft.
MLS® Number
974531
Listing Brokerage
Westmont Realty Inc.
Postal Code
V9X0A9
Zoning
R10
Features
Acreage, See remarks, Other
