About 565 Brechin Rd
This 1.92-acre Oceanview development property in Brechin Hill boasts scenic views of Departure Bay, Newcastle Channel, and Nanaimo Harbour. The City of Nanaimo is open to various rezoning and development options, including a proposed 47-unit development with 15 townhouses and 32-unit apartment building or a previous plan for 24 luxury townhomes with/without suites. Alternatively, subdivide into 10-12 Oceanview lots for single-family homes, duplexes, or multiplexes, subject to city approval. And the Citywide Parking Review is expected to ease parking requirements. Flexible development options allow phased construction of townhouses/ residential lots based on market conditions or financing or leverage attractive CMHC rates for rental apartment construction. Architectural, geotechnical, environmental, and other reports are available to serious buyers. The Buyer must independently verify all property details and development potential through the City of Nanaimo or qualified professionals.
Basic Information
| Price | $3,000,000 |
|---|---|
| MLS® # | 995066 |
| Sub-Type | Land |
| Baths | 0.00 |
| Lot Size | 1.92 Acres |
Location Information
| Address | 565 Brechin Rd |
|---|---|
| Postal Code | V9S 2X1 |
| Area | Nanaimo |
| Sub Area | Brechin Hill |
| Jurisdiction | City of Nanaimo |
| PID Number | 006-278-612 |
| View | City, Mountain(s), Ocean |
| Waterfront? | No |
Features & Amenities
| Water | To Lot |
|---|---|
| Sewer | Sewer To Lot |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Acreage, Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure, See Remarks |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
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