Nanaimo · Commercial Sale · MLS® 1013534

103 Lotus Pinnatus Way, Nanaimo

$5,900,000
311Days on Market

About this property

Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. Offered as-is, where-is. All information and measurements are approximate and must be verified if important.

Features & details

DDF Property Type Multi-family
Building Type Multi-Family
Land Size 3,941,309 sq ft (90.48 acres)
Feature Acreage
Feature Central location
Property Type Multi Family
Zoning R10

Location

Brokerage Listed by Royal LePage Nanaimo Realty (NanIsHwyN). Information is deemed reliable but not guaranteed.