C$3,700,000

RARE NORTH NANAIMO DEVELOPMENT OPPORTUNITY! This spectacular 16.9-acre property offers ocean views and a prime Hammond Bay location with R6 zoning supporting high-density townhouse, duplex, single-family and residential development. Access is available from Linley Road off Hammond Bay Road, plus secondary access from Sunny Drive. A previous Development Permit approved 163+ units and extensive work has already been completed, including geotechnical, survey, tree studies, engineering, riparian study, and all supporting reports. Concept plans by an award-winning architect are also available. Set in a beautiful park-like West Coast environment with mature trees, Cottle Creek and Crown Land bordering two sides, this is a truly unique development site. Previous DP has expired and a new permit is required. Walk the property and explore the possibilities. Buyer responsible for its own due diligence with the city before offer. All measurements to be verified if important. Has trail along creek. (id:41202)