5296 METRAL NANAIMO

OTHER neighbourhood of Other British Columbia Canada V9T 2K8
$1,599,000

5296 METRAL NANAIMO

  • Price: $1,599,000
  • MLS Number: 921325
  • Bedrooms: 4
  • Bathrooms: 3
  • Square Footage: 2550 Sq Ft
  • Property Type: Single Family

Development & Investment Alert!

Welcome to 5296 Metral Drive. This is the investment opportunity you’ve been waiting for. This property sits on.54 acres of prime development land centrally located in Nanaimo, close to all amenities. Metral drive just finished an extensive 13 million dollar upgrade to the street and significant services to the area! This property currently brings in $5,000/month in rental income while you’re waiting to develop. The official community plan calls for urban corridor zoning, and Nanaimo supports the focus on medium to high-density residential, mixed-use commercial land uses in Corridor areas. The Currents renderings show an 8 Unit townhouse complex or a 24-27 unit Condo building as suitable to be put on the property. All measurements are approximate buyers to verify if important.


For more information on 5296 METRAL NANAIMO
Call me direct at 250-751-1223 or Click here to email us.

Listing Brokerage: eXp Realty

Similar Properties

Beds: 2Baths: 2Sq Ft: 919

Beds: 2Baths: 2Sq Ft: 919

Beds: 4Baths: 4Sq Ft: 3743

Beds: 4Baths: 4Sq Ft: 3743

Beds: 2Baths: 3Sq Ft: 1098

Beds: 2Baths: 3Sq Ft: 1098