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4781 Hammond Bay Road Nanaimo, British Columbia V9T 5A9

$525,000

View Development Opportunity! Over half an acre of prime North Nanaimo land is currently in the process of being subdivided into 4 lots - Fronting both Hammond Ray Road and Gulfview Drive, this 107x225ft lot is in a highly sought after location-The Seller has completed a substantial amount of the work and expense required to obtain approval for a the subdivision. The property is approved for multiple units and there is potential to rezone for higher density. The Seller will provide Geotechnical and Civil Engineering reports and drawings to serious Purchasers. This property is in an unbeatable location with parks, schools, and shopping in close proximity. The A frame on the property represents no discernible value and is currently rented out at $1600 per month. An information package will be made available to serious Buyers. (id:31250)

Property Details

MLS® Number 453261
Property Type Vacant Land
Neigbourhood Z4 North Nanaimo

Building

Fireplace Present No

Land

Acreage No
Size Frontage 107 Ft
Size Irregular 0.55
Size Total 0.55 Ac
Size Total Text 0.55 Ac

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20544084

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