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5611/5621 HAMMOND BAY NANAIMO
North Nanaimo neighbourhood of Nanaimo British Columbia Canada V9T 5N2
$2,998,000
5611/5621 HAMMOND BAY NANAIMO
Price: $2,998,000
MLS Number: 929313
Property Type: Fourplex
Located steps from transit and within walking distance to both Frank J. Ney Elementary and Dover Secondary, this North Nanaimo development lot is in a prime location. The City of Nanaimo’s R10 zoning allows for up to 16 multifamily units per hectare (buyer to verify), and a home on the property could be rented to generate monthly income while preparing for development. The sloping topography of the lot provides the opportunity for spectacular ocean views for a portion of the units to add even more value.
5611/5621 HAMMOND BAY NANAIMO - 5611/5621 HAMMOND BAY NANAIMO
