2555 Departure Bay Rd, Nanaimo, British Columbia V9S3W2
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$301/sqft
Est. Mortgage$4,724/mo
Tax Amount ()-
Days On Market36 days
Description
This 23,640 sq. ft. property offers endless development potential in one of Nanaimo’s most sought-after areas. Whether you envision constructing two fourplexes, retaining the existing home and subdividing the back lot for two spec homes, or pursuing a land assembly with the neighboring lot to create multifamily townhomes (up to 29 units), the possibilities are yours to explore. The property currently features a 3,100 sq. ft. home with 5 bedrooms and 2 bathrooms, generating rental income as you plan your next investment move. Situated in the desirable Departure Bay neighborhood, this property boasts ocean views and is within walking distance to the beach. This is a rare chance to develop in a vibrant area with significant growth potential. Preliminary design sketches regarding land assembly are availalbe. (id:39198)
Property Details
Interior
Features
Main level Floor
Living room
24'3 x 14'1Laundry room
9'6 x 9'1Dining nook
6'11 x 5'6Kitchen
12'3 x 8'8Exterior
Parking
Garage spaces 6
Garage type -
Other parking spaces 0
Total parking spaces 6
Property History
34