PORTION E McGowan Ave

Status
expired
Nanaimo, BC V9X 1T3
$ 1,250,000
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57 acres of rural property located just 15 min south of Nanaimo. This property features split
zoning with 40 acres zoned A2, and 17 acres zoned R2 for potential subdivision. The 40-acre A2
portion has beautiful mountain views and overlooks a small lake. Property has large reserves of
peat moss. The upper portion formerly contained a coal mining operation, and substantial reserves
of coal slag still remain. Seller had looked at offshore opportunities for exportation of this
product – some analysis and survey estimates are available .
This secluded acreage is a great holding investment property with several opportunities, such as
greenhouses, or build your dream home estate.

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57 acres of rural property located just 15 min south of Nanaimo. This property features split zoning with 40 acres zoned A2, and 17 acres zoned R2 for potential subdivision. The 40-acre A2 portion has beautiful mountain views and overlooks a small lake. Property has large reserves of peat moss. The upper portion formerly contained a coal mining operation, and substantial reserves of coal slag still remain. Seller had looked at offshore opportunities for exportation of this product - some analysis and survey estimates are available . This secluded acreage is a great holding investment property with several opportunities, such as greenhouses, or build your dream home estate.

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Derek Gillette PREC*
1-250-585-3322

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PORTION E McGowan Ave, Nanaimo, BC, V9X 1T3

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