Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)
Development opportunity-PLA and DP in place for 39 freehold strata lots to accommodate 1 and 2 story modular homes on beautiful, private 8.63 acres in the Cedar side of the Chase River area with municipal services to the property line. This is an ideal opportunity to build out a manufactured home community of new (or used renovated) turn key homes for resell or rental similar to that of Deerwood Estates whereby homes have sold in excess of $600,000 on a leased lot. Due to the housing crisis, higher density rezoning to townhomes or other use may be an option upon application and consultation with the City of Nanaimo. Extensive parkland and nature borders the west side of the property extending to Beck Creek, trails to the Nanaimo River Estuary and ocean front provides privacy and nature surrounding the property. The site is positioned near the future 726 acre residential and commercial Sandstone development that will provide easy access to shopping, dining and amenities.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.