103 Lotus Pinnatus Way, Nanaimo, BC, V9R 4A7

$5,900,000

MLS® # 1046554

Investment For Sale In Westwood, Nanaimo, British Columbia

$5,900,000

Property Information:

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.

Property Features:

  • Annual Tax Amount: $25,258
  • Lot Features: Acreage, Central Location
  • Lot Frontage: 3941308.8 Square Feet
  • Lot Size: 90.48 Acres
  • Ownership: Freehold
  • Property Sub Type: Multi Family
  • Zoning: R10

Courtesy of: Royal LePage Nanaimo Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos