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2555 DEPARTURE BAY NANAIMO
Departure Bay neighbourhood of Nanaimo British Columbia Canada V9S 3W2
$1,100,000
2555 DEPARTURE BAY NANAIMO
Price: $1,100,000
MLS Number: 984870
Bedrooms: 5
Bathrooms: 1
Square Footage: 3650 Sq Ft
Property Type: Single Family
Rezoning is on the horizon with this 23,640 sq/ft. property that offers endless development potential in one of Nanaimo’s most sought-after areas. Whether you envision constructing two fourplexes, retaining the existing home and subdividing the back lot for two spec homes, or pursuing a land assembly with the neighboring lot to create multifamily townhomes (up to 29 units), the possibilities are yours to explore. The property currently features a 3,100 sq. ft. home with 5 bedrooms and 2 bathrooms, generating rental income as you plan your next investment move. Situated in the desirable Departure Bay neighborhood, this property boasts ocean views and is within walking distance to the beach. This is a rare chance to develop in a vibrant area with significant growth potential. Preliminary design sketches regarding land assembly are available.
2555 DEPARTURE BAY NANAIMO - 2555 DEPARTURE BAY NANAIMO
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2555 DEPARTURE BAY NANAIMO - 2555 DEPARTURE BAY NANAIMO
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