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1630 LOAT NANAIMO
Departure Bay neighbourhood of Nanaimo British Columbia Canada V9S 3L4
$539,900
1630 LOAT NANAIMO
Price: $539,900
MLS Number: 1026778
Property Type: Fourplex
If you want to live/build in the best area of departure bay this is one of the last untouched build
able lots remaining. Clean 7200 sq ft 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 1620 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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