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Property at 2555 Departure Bay Rd image 1
Property at 2555 Departure Bay Rd image 2
Property at 2555 Departure Bay Rd image 3
Property at 2555 Departure Bay Rd image 4
Property at 2555 Departure Bay Rd image 5
47

$1,050,000

2555 Departure Bay Rd
Nanaimo, British Columbia, British Columbia, V9S3W2

MLS® Number: 994534
Listed 37 days ago
5 2

Property description

This 23,640 sq. ft. property offers endless development potential in one of Nanaimo’s most sought-after areas. Whether you envision constructing two fourplexes, retaining the existing home and subdividing the back lot for two spec homes, or pursuing a land assembly with the neighboring lot to create multifamily townhomes (up to 29 units), the possibilities are yours to explore. The property currently features a 3,100 sq. ft. home with 5 bedrooms and 2 bathrooms, generating rental income as you plan your next investment move. Situated in the desirable Departure Bay neighborhood, this property boasts ocean views and is within walking distance to the beach. This is a rare chance to develop in a vibrant area with significant growth potential. Preliminary design sketches regarding land assembly are availalbe.

Building information

Type

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Constructed Date

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Cooling Type

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Fireplace Present

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FireplaceTotal

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Heating Fuel

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Heating Type

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Size Interior

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Total Finished Area

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Land information

Access Type

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Size Irregular

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Size Total

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Rooms

Main level

Living room

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Dining room

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Kitchen

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Dining nook

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Laundry room

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Primary Bedroom

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Bathroom

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Bedroom

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Bedroom

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Patio

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Porch

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Lower level

Bedroom

*****

Bedroom

*****

Den

*****

Mud room

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Recreation room

*****

Family room

*****

Storage

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Storage

*****

Bathroom

*****

Courtesy of eXp Realty (NA)

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