3361 Barrington Road, Nanaimo, NA V9T 5R5

$265,900
List Price
$265,900
Price Change
▼ $14,000 1583978836
MLS® #
464450
Acres
0.17

Property Description

A rare and well priced duplex zoned building lot in the heart of desirable Departure Bay. Set on a quiet side road, this ready to build upon lot is ideal for the construction of side by side rental units without the worry of extensive grounds maintenance. Market rents are currently attractive for a builder/investor who wishes to hold onto two semi-detached investment properties. The construction of two semi-detached strata homes will generate a lot of interest as buyers will have be able to live in Departure Bay at an affordable entry price point for this coveted area. A buyer can submit for building permit quickly and be started construction in a timely way as all work is done with services to the property line. The lot lends itself to a two or 3 storey design with garage, roof-top deck, and use of rear decking to capture the essence of the setting. Natural gas is directly across Barrington Road. Price plus GST. All measurements are approximate and should be verified if important.

Additional Information

Lot Size
7,543
Lot Features
Central location, Low Maint Yard, Quiet Area, Hydro to Lot, Underground Services
Media
Video Link: https://www.youtube.com/watch?v=vUngewzWtCY
Office Name
RE/MAX Of Nanaimo

Listing courtesy of RE/MAX Of Nanaimo.

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Listing content Copyright 2020 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.