307, 311,315 Holly Ave new

Nanaimo,BC V9S 3M3

$ 2499000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1002022

Rental Info Unrestricted

Annual Tax Amount $2,943

Tax Year 2024

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Multi Family

Property 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 info. Also listed under MLS 1002032

Location

Province BC

County Nanaimo, City Of

Area Na Central Nanaimo

Zoning RM5

Exterior

Parking On Site 1

Others

Pets Allowed Yes

Restrictions ALR: No

Tax ID 009-119-515

Ownership Freehold

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