Commercial property for sale
Lot 1 Lofthouse Rd, Nanaimo
$7,500,000
Features
Lot Size
5,357,880 sqft
Gross Property Tax
$58.74 /year
Zoning
AG1D
View
Ocean
Additional Features
Acreage, Cleared, Pasture, Quiet Area, Rectangular Lot, Rural Setting
Description
ONE OF A KIND OPPORTUNITY to own a rare piece of VI real estate w/this 120+ acre property that
includes 120+ acres of gently sloping agricultural land which has never been farmed and has
potential to be granted organic status (buyer to do their own inquiries), 4 separate titled
stratified ocean view homes each w/ approx. 1.2 acres of land which all have access to use the
approx. 95 acres of CP & a separately titled 23 acre oceanfront parcel w/ 754 feet of waterfront!
Build your dream home, set up both agricultural & farm & consider the investment opportunity w/ 4
established homes that each have 180 degrees of ocean, mountain 6 Gulf Island views. This property
allows for multiple uses w/ the AGD1 zoning. The sky is the limit with the potential on this
property. Purchase can be with or without the 23 acre oceanfront section. All this and the ability
to have low farm status tax rates. Can be purchased as share sale. Msmts approx., pls
verify if important.
MLS® Number 919160