Prime 3.2 acre high rise multifamily development site in North Nanaimo. Zoning covenant allows two buildings of 20 storeys (66 meters) with a total floorplate of 1,647 square meters (both buildings) for a gross building area of about 32,000 square meters (354,000 SF). Price is about $18.30 per buildable SF. The property is located within two blocks of all North Nanaimo services including Woodgrove Mall, Costco, Home Depot, restaurants and bus transportation. The views from the suites of Georgia Strait and the Coast mountains will be panoramic. Good soil condition and a flat site for easy building. Call LS for a complete package. Measurements are approximate, please verify if important.
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