Nanaimo · Residential · MLS® 1033393

5384 Colbourne Dr, Nanaimo

$429,900
90Days on Market

About this property

R5-zoned 10,000+ sq ft lot in North Uplands with clear duplex potential and long-term upside. Elevated site with established rock exposure offers a solid building base and natural separation from the street. Ideal for a side-by-side or up/down duplex design that fits today’s sub-$1M product target, while avoiding the added costs and timelines of multi-unit permitting. Located minutes to North Nanaimo amenities, schools, and transit. Servicing at the lot line (buyer to verify). A practical opportunity for builders focused on efficient construction, controlled costs, and achievable resale in a proven neighbourhood.

Features & details

DDF Property Type Vacant Land
View Mountain view, Valley view
Land Size 10,834 sq ft
Feature Curb & gutter
Feature Corner Site
Feature Other
Property Type Land
Water Source To Lot
Sewer Sewer To Lot
Zoning R5

Location

Brokerage Listed by Sutton Group-West Coast Realty (Nan). Information is deemed reliable but not guaranteed.