Space
Finished area and layout
- Building Area
- 3,000 sqft
+17 more
3,000 sqft
Building Area
0.5 ac
Lot
Property Snapshot
Key details for this listing
MLS #1050394
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
Lot
Land, frontage and setting
- Lot
- 0.5 ac - 0.5
About This Property
This multi-family in Nanaimo offers 3,000 sqft of building area on a 0.5 ac lot. The property has lot dimensions of 0.5, zoned Unknown.
MLS Remarks
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:60351)
Full Listing Details
Address307, 311,315 Holly Ave
MLS#1050394
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market34
Common InterestFreehold
Annual Tax$1,602,000
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
CityNanaimo
NeighbourhoodCentral Nanaimo
ProvinceBritish Columbia
Postal CodeV9S3M3
Lot Size0.5 ac
Lot Dimensions0.5
ZoningUnknown
Zoning DetailsRM5
Annual Tax$1,602,000
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