DEVELOPER ALERT! 1.34 acre parcel of land with a currently tenanted 3 bedroom / 2 bathroom 1886 sq ft+ home on the property for added value and assistance with lender financing. PLA in place for 8 lot subdivision adjacent a recently developed area of beautiful new homes. The city has supported multiple options that lend well to the diverse demographic migrating to Nanaimo and purchasing from within our community. Two great options have been laid out starting with 8 building lots ranging from 5800 sq ft – 6800 sq ft. The second option is set up for 6 building lots, 4 of which would allow an accessory building or carriage home. This beautiful property has nice sun exposure and backs onto managed forest lands. Located in a prime neighbourhood in close proximity to every amenity in the expanding Chase River community and only minutes to every transportation option to the mainland. Please call for an information package.