4781 Hammond Bay Road, Nanaimo, NA V9T 5A9

$525,000
1
BD
1
BA
1,044
SqFt
List Price
$525,000
MLS® #
456347
Bedrooms
1
Sq. Ft
1,044
Acres
0.55

Property Description

Highly sought after location! The property houses a quaint A frame home in need of some TLC and currently rented out. Over half an acre of prime North Nanaimo land is currently in the process of being subdivided into 4 lots. Fronting both Hammond Bay Road and Gulfview Drive, this 107x225ft lot is in a prime North End location. The Seller has completed a substantial amount of the work and expense required to obtain approval for the subdivision. The Seller will provide Geotechnical and Civil Engineering reports and drawings to serious Purchasers. This property is in an unbeatable location with parks, schools, and shopping in close proximity. An information package will be made available to serious Buyers. Rezoning is a very good possibility with the opportunity to house at least 3 four plexes for the future Buyer! This property will pay for itself while you are going through the remaining process at the city or makes for a great estate property for your dream home!

Additional Information

Style
Other
Lot Size
24,072
Lot Features
Central location, Easy Access, View - Mountain, View - Ocean
Heating
Other
Office Name
Royal LePage Nanaimo Realty (NanIsHwyN)

Listing courtesy of Royal LePage Nanaimo Realty (NanIsHwyN).

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Listing content Copyright 2019 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.