307, 311,315 Holly Ave

Exceptional Development Opportunity in Nanaimo!An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island’s fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city’s high demand for quality rental housing ensures strong long-term value and income potential.Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchase

• Lot Frontage: 21780 Square Feet
• Lot Size: 0.50 Acres
• Floor Space (approx): 3000 Square Feet
• Annual Tax Amount: $1,602,000
• No. of Parking Spaces: 0
• Zoning: RM5
• Ownership: Freehold
• Parking Features: On Site
• Property Sub Type: Multi Family
• Neighbourhood Nanaimo
• No. of Parking Spaces 0
• Zoning Type RM5
• Lot Size 0.50 ACRE
• Lot Frontage 21780 FEETSQ
• Floor Space 3000 FEETSQ
• Annual Tax Amount $1,602,000