$2,580,000

Vacant Land For Sale In Newcastle, Nanaimo, British Columbia

$2,580,000

Property Information:

This exceptional 1.92-acre ocean-view property is one of the last significant undeveloped parcels in Nanaimo’s highly sought-after Brechin Hill neighbourhood — a rare opportunity in one of the city’s most desirable coastal communities. Ideally positioned near downtown Nanaimo, Departure Bay ferry and seaplane terminals, marinas, waterfront parks, local shops and restaurants, the property captures sweeping ocean views of Departure Bay, Newcastle Island, Newcastle Channel, and Nanaimo Harbour. The gently sloping topography may support a range of future development possibilities, subject to City of Nanaimo approvals. Preliminary architectural concepts, engineering information, geotechnical and environmental studies, and additional technical reports are available to qualified buyers upon execution of a Confidentiality Agreement. Buyers should complete independent due diligence regarding development potential and future use. Large ocean-view development sites in this location are rare today

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $11,041
  • Lot Features: Acreage, Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure, See Remarks
  • Lot Frontage: 83680 Square Feet
  • Lot Size: 1.92 Acres
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Land
  • Road Surface Type: Paved
  • View: City, Mountain(s)
  • Water Source: To Lot
  • Zoning: R1
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 2

Courtesy of: Sutton Group-West Coast Realty (Nan)

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.