565 Brechin Rd in Nanaimo: Na Brechin Hill Land for sale : MLS®# 995066

This 1.92-acre Oceanview development property in Brechin Hill boasts scenic views of Departure Bay, Newcastle Channel, and Nanaimo Harbour. The City of Nanaimo is open to various rezoning and development options, including a proposed 47-unit development with 15 townhouses and 32-unit apartment building or a previous plan for 24 luxury townhomes with/without suites. Alternatively, subdivide into 10-12 Oceanview lots for single-family homes, duplexes, or multiplexes, subject to city approval. And the Citywide Parking Review is expected to ease parking requirements. Flexible development options allow phased construction of townhouses/ residential lots based on market conditions or financing or leverage attractive CMHC rates for rental apartment construction. Architectural, geotechnical, environmental, and other reports are available to serious buyers. The Buyer must independently verify all property details and development potential through the City of Nanaimo or qualified professionals.

Additional Info:

# Bedrooms or Dens Total:: 0

# Main Level Bedrooms:: 0

# Second Level Bedrooms:: 0

# Third Level Bedrooms:: 0

# Lower Level Bedrooms:: 0

# Other Level Bedrooms:: 0

# Main Level Bathrooms:: 0

# Second Level Bathrooms:: 0

# Third Level Bathrooms:: 0

# Lower Level Bathrooms:: 0

# Other Level Bathrooms:: 0

# Main Level Kitchens:: 0

# Second Level Kitchens:: 0

# Third Level Kitchens:: 0

# Lower Level Kitchens:: 0

# Other Level Kitchens:: 0

Water supply:: To Lot

Sewer:: Sewer To Lot

Fireplace:: No

Land Info:

Lot Site Features:: Acreage, Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure, See Remarks