Development property with side by side Duplex. Both sides are currently rented for $1800 per month each. The current R4 Duplex Zoning will allow the .506 Acre lot to be subdivided into 2 duplex lots. The City of Nanaimo is supporting higher density in this area and has indicated the possibility of rezoning R5 (Three and Four unit Residential) making this an ideal property for small development. This location is close to all amenities and schools of North and Central Nanaimo. The duplex is in good living condition with several upgrades while you plan your development. Buyer to verify with the City of Nanaimo any potential building or development. Measurements are approximate & should be verified if important.
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