615&699 Harewood Rd, Nanaimo BC

Great development property on .63 acres on a strategic corner of Wakesiah and Harewood Road. Only a short 7 minute walk to Vancouver Island University across the street. Currently Zoned R1 - Single Family Residential. Rezoning possibilities as Official Community Plan (OCP) allows for up to 12 units to be built or sub-divided for additional Single Family lots. Excellent opportunity for additional student housing units. Currently 2 houses on the property rented for $1000 per month combined. Data and room sizes approx. Please verify if important.