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Zoitsa Petropoulos

zoitsa.petropoulos@evrealestate.com +1(778) 866-0945

$ 3,000,000

Est. payment -/mo

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Active

565 Brechin Rd Nanaimo, BC V9S 2X1

1.92 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 995066

Rental Info Unrestricted

Annual Tax Amount $10,252

Tax Year 2024

Lot Size 1.920 Acres

Acres 1.92

Property Sub-Type Land

Property Description

This 1.92-acre Oceanview development property in Brechin Hill boasts scenic views of Departure Bay, Newcastle Channel, and Nanaimo Harbour. The City of Nanaimo is open to various rezoning and development options, including a proposed 47-unit development with 15 townhouses and 32-unit apartment building or a previous plan for 24 luxury townhomes with/without suites. Alternatively, subdivide into 10-12 Oceanview lots for single-family homes, duplexes, or multiplexes, subject to city approval. And the Citywide Parking Review is expected to ease parking requirements. Flexible development options allow phased construction of townhouses/ residential lots based on market conditions or financing or leverage attractive CMHC rates for rental apartment construction. Architectural, geotechnical, environmental, and other reports are available to serious buyers. The Buyer must independently verify all property details and development potential through the City of Nanaimo or qualified professionals.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R1

Rooms

Kitchen 0

Exterior

View Y/N Yes

View City, Mountain(s), Ocean

Total Parking Spaces 2

Building

Lot Description Acreage, Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure, See Remarks

Sewer Sewer To Lot

Water To Lot

Others

Pets Allowed Yes

Tax ID 006-278-612

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Virtual Tour https://youtu.be/WiaMMTNVu10

Listed by Sutton Group-West Coast Realty (Nan)

Zoitsa Petropoulos

Advisor | License ID: RE603658

+1(778) 866-0945

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