Nanaimo 0.4-acre land assembly sells for $1.69 million
Western Investor Staff
Western Investor
The land in Vancouver Island city ‘s south end is seen as a prime for residential development.
Fraser Elliott, Vancouver , for Western Investor
Property type: Development land
Location: 535-545 Nicol Street, 575 Nicol Street and 120 Needham Street, Nanaimo, B.C.
Land size: 19,034 square feet
Land size in acres: 0.04 acres
Zoning; Potential for 4-6 wood-frame residential redevelopmentList price $1.69 million
Sale price: $1.65 million
Date of sale: September 1, 2022
Brokerages: Fraser Elliott, Vancouver (listing agent) and The Firm Real Estate Service, Vancouver
Broker: Fraser Elliott
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