A luxury ocean view condo/townhome development in North Nanaimo will happen here! This 3 acre property has plans ready for an exclusive ocean view condo, and alternatively a townhome community that fits the topography of the land. The site enjoys a magnificent view over the Georgia Strait and the snowcapped mountains on the mainland. It's located in the heart of North Nanaimo, the largest mall on the island, reputable schools, and all kinds of amenities are within 10 minutes drive. A fantastic opportunity for developers and investors! This property supports a 29 unit development, and the city of Nanaimo has indicated the possibility for more units, please contact the city to confirm. All data and measurements are approximate and must be verified if fundamental.
Address
5180 Universal Pl
List Price
$1,549,900
Property Type
Residential
Type of Dwelling
Land
Area
Nanaimo
Sub-Area
Na North Nanaimo
Lot Size
134600.4 Sq. Ft.
MLS® Number
886294
Listing Brokerage
eXp Realty
Postal Code
V9T 5L7
Tax Amount
$5,001
Tax Year
2020
Amenities
Acreage, Central Location, Park Setting, Private, Quiet Area, Serviced, Shopping Nearby, Sloped, Southern Exposure
