2330 Extension Rd Nanaimo, British Columbia V9X 0A9

See Remarks Other Acreage

$2,400,000

Discover an exceptional investment opportunity with this 5-acre development lot located within the city limits of Nanaimo, one of the region's fastest-growing areas. A current proposal for a 27-unit development has been thoroughly discussed with city officials, and all architectural and engineering designs, along with geotechnical, environmental, and other reports, are available as part of the offering. The potential for higher density under the new Nanaimo OCP regulations offers even more substantial development opportunities. Situated next to the Swordfern/Stonecrop subdivision in the desirable Cinnabar Heights area along Extension Rd, this lot provides a perfect blend of natural living and urban convenience. It is an ideal location for your next project, offering both tranquility and proximity to city amenities. (id:57571)

Property Details

MLS® Number 974531
Property Type Vacant Land
Neigbourhood Chase River
Features Acreage, See Remarks, Other
Plan Vip38297

Building

Cooling Type See Remarks
Heating Type Other

Parking

Other

Land

Acreage Yes
Size Irregular 5
Size Total 5 Ac
Size Total Text 5 Ac
Zoning Description R10
Zoning Type Residential

https://www.realtor.ca/real-estate/27357779/2330-extension-rd-nanaimo-chase-river