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5621 Hammond Bay Rd, Nanaimo

$1,200,000.00
MLS# 1020319 Category: Homes For Sale 5 beds · 3 baths · 2,600 sq ft · V9T 5N2 Nanaimo

Aura Sync - Contact Information

REMAX Professionals (NA)

Listing agent: Jory Cole

Agent phone: 250-735-3985

Office phone: 250-751-1223

Agent email: jory@nanaimorealestate.com

Office address: #1 - 5140 Metral Drive, Nanaimo BC V9T 2K8

MLS listing synced via Aura. Contact the listing agent or office directly.

Description

Strategic investment opportunity in one of Nanaimo's most desirable neighbourhoods. This 1.7-acre ocean-view property includes a 5-bedroom, 3-bath home offering immediate rental income with an option to add a basement suite for a great holding property while planning your next project. With R10 zoning supporting up to 16 units per hectare, the site is ideal for future townhome or duplex development. The gently sloping terrain offers excellent ocean-view exposure, and mature, saleable timber on the property provides revenue or offsets development costs. Located minutes from schools, parks, shopping, and transit, this property combines short-term income potential with long-term redevelopment upside -an exceptional opportunity for builders and investors alike. Can be purchased as a package with MLS: 1020314 All data and measurements approximate; buyers to verify if important.

More Property Information

All data & measurements are approximate and must be verified if fundamental.

Data is provided via the brokerage or agent via Aura Sync.