I have listed a new property at 1415 Loat St in Nanaimo.
ATTENTION DEVELOPERS AND INVESTORS! You do not want to miss out on this large property located just a short stroll from the beach. Welcome to 1415 Loat St, where you will find this 7 bedroom, 4 bathroom home located on an extensive .77 acre lot in the heart of Departure Bay. This home has 3 separate suites and when rented out can work as a great investment property. If you are looking to develop this land there are multiple options for you. This lot can be subdivided under its current zoning, but most importantly in the Official Community Plan this lot can be rezoned. With the OCP allowing for a multi-storey mixed residential/commercial zoning, there is a great opportunity for a beautiful townhome complex and small business. Make sure to book a viewing of this property as it will not last!