311, 307,315 Holly Avenue Avenue

$2,499,900 | Central Nanaimo, Nanaimo

311, 307,315 Holly Avenue, Central Nanaimo, Nanaimo

About this House

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.

Exterior Features Of 311, 307,315 Holly, Central Nanaimo, Nanaimo

Fencing: Full

Lot Features Of 311, 307,315 Holly, Central Nanaimo, Nanaimo

Marina Nearby, Recreation Nearby, Sidewalk

Listed by Sutton Group-West Coast Realty (Nan).

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Features

  • MLS®: 1002032
  • Type: House
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Feet: 1,060 sqft
  • Lot Size: 21,800 sqft
  • Taxes: $5,000 (2024)
  • Parking: 1 Carport
  • Fireplaces: 1
  • Year Built: 1904