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$ 4,800,000
Est. payment | /mo
8.63 Acres Lot
$ 4,800,000
Est. payment | /mo
8.63 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Chase River
MLS® Listing ID 977474
Originating Board Vancouver Island Real Estate Board
Lot Size 8.630 Acres
Acres 375922.8
Property Description
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. Information package available upon request to Sandy Clark PREC* of Royal LePage Commercial - Vancouver Island and Royal LePage Nanaimo Realty. Email vancouverislandproperty@gmail.com or contact 250-668-9878. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
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