Full of opportunity! At just over half an acre, this property in one of Nanaimoâs most desirable neighborhoods is a developerâs dream. With rezoning on the horizon, the future is wide open: consider building two fourplexes, keeping the existing 3,100 sq.ft. home while subdividing the back for two new builds, or partner with the neighboring lot for a multi-family townhome projectâup to 29 units possible (preliminary sketches available). The current 5-bedroom, 2-bathroom home provides rental income as you plan your next move. Situated in scenic Departure Bay, the property offers ocean views and walkable beach accessâideal for both future residents and investors. Rarely does a parcel this size become available in such a central, high-growth location. Donât miss your chance to shape the future of this vibrant seaside community. (id:27476)