1620 Loat St

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active
Nanaimo, BC V9S 3L4
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$ 575,000
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  • 1
  • 1
  • 664
  • 1910

If you want to live/build in the best area of departure bay this is one of the best entrances to
live on a Clean 7200 sq ft lot surounded by mature established properties & set along the
edge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with its
beautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy your
retirement or develop a property in an attractive neighborhood this land can provide you with the
competitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. If
combined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 units
across 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/net
positive when looking to maximize your buildout. Single or multifamily development these sites are
ready for any of your future plans.

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Community Information
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If you want to live/build in the best area of departure bay this is one of the best entrances to live on a Clean 7200 sq ft lot surounded by mature established properties & set along the edge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with its beautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy your retirement or develop a property in an attractive neighborhood this land can provide you with the competitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. If combined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 units across 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/net positive when looking to maximize your buildout. Single or multifamily development these sites are ready for any of your future plans.

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Derek Gillette PREC*
1-250-585-3322

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1620 Loat St, Nanaimo, BC, V9S 3L4
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Pemberton Holmes Ltd. (Pkvl)

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