Multi-family for sale
4451 & 4471 Burma Rd, Nanaimo
$6,750,000
Features
Lot Size
644,252 sqft
Gross Property Tax
$4,737.21 /year
Zoning
AR2
Additional Features
Central Location, Easy Access, Shopping Nearby
Total no. of Units
2
Description
This is an exceptional opportunity to acquire a multifamily development site, offering significant scale in the North Nanaimo neighborhood of Nanaimo, B.C. 4451 & 4471 Burma Road is comprised of two parcels: 4451Burma Road - 6.36 acres and 4471 Burma Road - 8.43 acres in size. Both sites are designated Suburban Neighborhood in the official community plan and represent an excellent opportunity for a developer to entitle the lands and develop a variety of potential housing units including single-unit dwellings with / without secondary suites; duplexes; ground-oriented multi-unit dwellings including triplex, fourplex, and townhomes; and small-scale commercial / mixed-use. The Property is surrounded by low density forms of development and sits on the hilltop directly adjacent to the Cottle Lake Linley Valley Park.
MLS® Number 976640