$2,000,000
$2,199,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
345/360 NEWCASTLE Ave Nanaimo, BC V9S 4C4
0.4 Acres Lot
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 854134
Sold Date 04/19/21
Rental Info Unrestricted
Annual Tax Amount $13,184
Tax Year 2019
Lot Size 0.400 Acres
Acres 0.4
Property Description
Waterfront Land assembly.360 Stewart Ave. and 345 Newcastle Ave. Amazing building opportunity. 17,424 sqft of buildable land with holding property to help cover costs until you want to start construction. The property is located steps to the Nanaimo seawall. This property will allow for up to 32 residential units. Build in one or two phases, as seperate titles exist. Preliminary Plans through City of Nanaimo investigation. 345 Newcastle Ave is rented with tenants up and down.
Location
State BC
County Nanaimo, City Of
Area Na Brechin Hill
Zoning r8
Exterior
Parking On Site 1
Utilities Available Cable To Lot, Electricity To Lot, Garbage, Natural Gas To Lot, Phone To Lot, See Remarks
Waterfront 1
Waterfront Description Ocean
View Y/N 1
View City, Mountain(s), Ocean
Building
Lot Description Level, Rectangular Lot, Sloping, Square Lot, Marina Nearby, Recreation Nearby, Southern Exposure
Sewer Sewer To Lot
Water Municipal
Others
Tax ID 008-825-297
Ownership Freehold
Pets Description Yes
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Bought with NAI Commercial Central Vancouver Island Ltd.