Commercial Land for sale
565 Brechin Rd, Nanaimo
$2,580,000
Features
Lot Size
83,680 sqft
Gross Property Tax
$11,041 /year
Zoning
R1
View
City, Mountain(s), Ocean
Additional Features
Acreage, Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Southern Exposure, See Remarks
Water Supply
To Lot
Sewer/Septic
Sewer To Lot
Description
This exceptional 1.92-acre ocean-view property is one of the last significant undeveloped parcels in Nanaimo’s highly sought-after Brechin Hill neighbourhood — a rare opportunity in one of the city’s most established and desirable coastal communities. Ideally positioned near downtown Nanaimo, Departure Bay ferry and seaplane terminals, marinas, waterfront parks, and local shops and restaurants, the property captures sweeping views of Departure Bay, Newcastle Island, Newcastle Channel, and Nanaimo Harbour. The gently sloping topography offers natural elevation changes that may support a broad range of future development possibilities, subject to required City of Nanaimo approvals. Extensive preliminary development work has already been explored for the site, with comprehensive supporting materials available to qualified buyers upon execution of a Confidentiality Agreement. Available materials include architectural concepts, engineering information, geotechnical and environmental studies, and additional technical reports. The property may offer potential for subdivision or a variety of residential development forms through future rezoning and municipal approval processes. Buyers are encouraged to complete their own independent due diligence with the City of Nanaimo and qualified professionals regarding development potential, servicing capacity, and future use possibilities.
MLS® Number 1022767