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$ 6,750,000
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Active
4451 & 4471 Burma Rd Nanaimo, BC V9T 5X4
14.79 Acres Lot
UPDATED:
09/23/2024 09:33 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 976640
Rental Info Unrestricted
Annual Tax Amount $4,737
Tax Year 2023
Lot Size 14.790 Acres
Acres 14.79
Property Description
This is an exceptional opportunity to acquire a multifamily development site, offering significant scale in the North Nanaimo neighborhood of Nanaimo, B.C. 4451 & 4471 Burma Road is comprised of two parcels: 4451Burma Road - 6.36 acres and 4471 Burma Road - 8.43 acres in size. Both sites are designated Suburban Neighborhood in the official community plan and represent an excellent opportunity for a developer to entitle the lands and develop a variety of potential housing units including single-unit dwellings with / without secondary suites; duplexes; ground-oriented multi-unit dwellings including triplex, fourplex, and townhomes; and small-scale commercial / mixed-use. The Property is surrounded by low density forms of development and sits on the hilltop directly adjacent to the Cottle Lake Linley Valley Park.
Location
Province BC
County Nanaimo, City Of
Area Na North Nanaimo
Zoning AR2
Exterior
Parking On Site 1
Building
Lot Description Central Location, Easy Access, Shopping Nearby
Sewer Sewer Connected
Water Municipal
Others
Restrictions ALR: No
Tax ID 000-000-000
Ownership Freehold
Listed by Colliers International (Nan)