Prime development opportunity in the heart of Qualicum Beach! This centrally located, approx. 13,000 sq. ft. (0.3-acre) property offers an exciting opportunity for investors and builders. With R20 zoning adopted, the property presents excellent potential for future development. Previous plans were approved for two modern fourplex developments, providing a total of 8 residential units, with the possibility of exploring four duplex developments as an alternative. The level lot features convenient lane access and an exceptional location just steps from downtown Qualicum Beach, shopping, parks, golf, schools and the beach. A rare opportunity to secure a well-located development property in one of Vancouver Island's most desirable communities. All data and measurements are approximate and should be verified if important.