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307, 311,315 Holly Ave
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307, 311,315 Holly Ave

Nanaimo, British Columbia V9S3M3

$1,800,000

MLS® 1050394

Multi-family

Type

1 acres

Lot Size

Description

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:65701)

Property Details

Ownership Freehold
Annual Taxes $1,602,000.00
Structure Multi-Family

Listed by

Sutton Group-West Coast Realty (Nan)

Vancouver Island

Interested in this property?

Contact Kara Call 604.328.8000
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