Swipe photos or tap to open fullscreen gallery.
For Sale
$399,000
MLS® 985171
585 Hillcrest Ave
Nanaimo, British Columbia, V9R3M6
- Property type
- Vacant Land
- Building
- Vacant Land
- Lot size
- 4525 square feet
- Ownership
- Freehold
Property facts
- Property type
- Vacant Land
- Building
- Vacant Land
- Transaction
- For Sale
- Lot size
- 4525 square feet
- Ownership
- Freehold
About this property
Attention Builders and Investors: Opportunity in the Heart of Nanaimo’s University District! 585 Hillcrest St. This is your chance to purchase an R5 Lot to build up to a 4 Plex. This 4550 sq. ft parcel of vacant land is ready for your ideas and development. This lot boasts excellent laneway access and is located just a short walk from VIU, a prime area for rental demand. And there’s more—there is also 2 more separate lots and PIDS available under a separate MLS listing. This unique offering is a true income generator as you navigate the permitting process. Lot 1: A 6,457 sq. ft. property featuring a rentable home that is currently vacant—perfect for immediate revenue potential. Lot 2: A 4,525 sq. ft. parcel of vacant land, ready for development. Presenting the rare opportunity to create a 3 lot, 12-unit Project. Whether you’re looking to build, develop, or invest, this is a strategic acquisition you don’t want to miss! (id:53361)