307, 311,315 Holly Ave, Nanaimo
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 information Measurements approx. Buyer to verify if fundamental to purchase (id:62865)
Status
Active
Property Type
Multi-Family
Ownership
Freehold
Annual Tax
$10,000
Zoning
Unknown
Parcel Number
009-119-515
Data Source
Vancouver Island Real Estate Board
Lot Size
0.5 acres
$2,249,000
Office
Sutton Group-West Coast Realty (Nan)
Loan Amount:
$1,799,200
Estimated Monthly Payment:
$8,768
This is an estimate for informational purposes only. Consult with a financial advisor.
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