1691 Boundary Ave

Status
expired
Nanaimo, BC V9S 1J8
$ 3,500,000
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Excellent holding property and/or development site located across the street from Nanaimo Regional General Hospital. This property feature 2 seperate 6 unit apartment buildings that provide solid income and low vacancies. The property is zoned R8 and will allow for approx 40,000 sq/ft to be built with underground parking and by meeting tier 1 requirements (buyers to do their own due diligence). The city may support a rezoning to allow mixed use or higher density also. With 3 road frontages and an ideal location to take advantage of our growing hospital and health care worker population, this opportunity in very unique.

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Excellent holding property and/or development site located across the street from Nanaimo Regional General Hospital. This property feature 2 seperate 6 unit apartment buildings that provide solid income and low vacancies. The property is zoned R8 and will allow for approx 40,000 sq/ft to be built with underground parking and by meeting tier 1 requirements (buyers to do their own due diligence). The city may support a rezoning to allow mixed use or higher density also. With 3 road frontages and an ideal location to take advantage of our growing hospital and health care worker population, this opportunity in very unique.

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Derek Gillette PREC*
1-250-585-3322

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1691 Boundary Ave, Nanaimo, BC, V9S 1J8

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1691 Boundary Ave

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