307, 311,315 Holly Ave, Nanaimo, BC V9S 3M3

$2,249,000

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Courtesy of Sutton Group-West Coast Realty (Nan)

List Price
$2,249,000
Status
ACTIVE
MLS®
1025216
Property Type
Commercial
Acres
0.50
Lot Size
21,780
District
Nanaimo
Neighbourhood
Na Central Nanaimo

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. Measurements approx. Buyer to verify if fundamental to purchase

Additional Information

Parking Type
On Site
Taxes
$10,000
Rentals Allowed
Unrestricted

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