311, 307,315 Holly Ave, Nanaimo, BC

$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. Call Today for more info. Measurements approx, Buyer to verify if fundamental to purchase.

Basic Information

Price $2,499,900
MLS® # 1002032
Sub-Type Single Family Detached
Year Built 1904
Beds 3
Baths 1.00
Kitchens 1
Building SqFt 1,060
Lot Size 0.50 Acres

Location Information

Address 311, 307,315 Holly Ave
Postal Code V9S 3M3
Area Nanaimo
Sub Area Central Nanaimo
Jurisdiction City of Nanaimo
PID Number 000-147-974
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer To Lot
Heating Baseboard, Electric
Cooling Other
Foundation Details Slab
Property Condition Resale
Laundry In House
Parking Carport

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Marina Nearby, Recreation Nearby, Sidewalk

Listing Details

OfficeSutton Group-West Coast Realty (Nan)

Listing Map