307, 311,315 Holly Ave Nanaimo, British Columbia V9S 3M3

$2,499,000

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 Also listed under MLS 1002032 (id:60626)

Property Details

MLS® Number 1002022
Property Type Multi-family
Neigbourhood Central Nanaimo

Building

Size Exterior 3030 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 0.5
Size Total 0.5 Ac
Size Total Text 0.5 Ac
Zoning Description Rm5
Zoning Type Unknown

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