1598 BUSH STREET, Nanaimo, BCListing ID# 422327
Located in the heart of Central Nanaimo is a prime 0.56 acre development property with a 6 bedroom, and 2 bathroom home with a legal suite. Plans are currently designed for the addition of an 8 unit building with two 1 bedroom and six 2 bedroom condos. The home would stay in the development and would work as each condo owner would own 1/8th of the home. This development property boasts spacious living for a large family or rental complex and is located close to various leisure amenities including Bowen Park, Maffeo Sutton Park, Beban Park and Nanaimo Aquatic Centre among others. Have a look at all the room to build on this south facing 66/387 ft residential lot with a 6 bed/2 bath home with suite waiting for your ideas. Sweeping views of Mount Benson and walking distance to Nanaimo General Hospital. Many great options for development and has potential to get multiple units. Thousands spent on storm drainage on the property in preparation of development along with increasing the water mains to the site. Buyers to verify their own proposed plans for the site. Rare and well serviced infill lot with loads of options and great holding income!
Listing courtesy of Engel & Volkers Vancouver Island
- Detached 2,994
- Duplex 469
- Low-Rise 201
- Semi-Det. 190
- Blue Collar 3,302
- White Collar 3,264
- Certificate, diploma, degree 9,401
- High School 3,361
- No Certificate 2,833
- College 2,376
- Apprenticeship 1,530
MLS? system data provided by VIREB, copyright? 2017. The information is from sources deemed reliable but not relied upon with independent verification.