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307, 311,315 Holly Ave, Nanaimo

MLS® #1025216
About this Property

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)

Property Information

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

Exterior & Lot

Lot Size

0.5 acres

$2,249,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Sutton Group-West Coast Realty (Nan)

Mortgage Calculator
$449,800

Loan Amount:

$1,799,200

Estimated Monthly Payment:

$8,768

This is an estimate for informational purposes only. Consult with a financial advisor.