311, 307,315 Holly Ave, Nanaimo, British Columbia

$2,499,900

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3

Beds

1

Bath

1,060

Square feet

0.50

Acres

About 311, 307,315 Holly Ave

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.Measurements approx, Buyer to verify if fundamental to purchase (id:36535)

Features of 311, 307,315 Holly Ave

Listing # 1002032
Price $2,499,900
Bedrooms 3
Bathrooms 1.00
Square Footage 1,060
Acres 0.50
Year Built 1904
Type Single Family
Sub-Type Freehold

Community Information

Address 311, 307,315 Holly Ave
Subdivision Central Nanaimo
City Nanaimo
Province British Columbia
Postal Code V9S3M3

Amenities

Features Other, Marine Oriented
Parking Spaces 1
Parking Carport
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Cooling See Remarks
Fireplace Yes
# of Fireplaces 1
Has Basement No

Additional Information

Zoning Multi-Family

Listing Details

OfficeCourtesy Of Nita Sihota Of Sutton Group-West Coast Realty (Nan)

Listing Map