MLS® ID: 446252
LT A MALONE ROAD
LADYSMITH, , V9G 1S5 $2,400,000
On the western boundary of town, overlooking ocean vistas is a 17.256 acre parcel. The CD-3 zoning plan allows for single family, duplexes and multiple family units. This property has fantastic developmental promise with full city services at the boundaries, close to schools, transit routes, proximity to outdoor recreations and year round community facilities. Views of the Ladysmith from the ridge, combined with a quiet rural setting, create a unique opportunity for developers to help ease the housing supply with great profitable prospective. The location of the property gives travel times to the airport in 10 minutes, to the ferry in 15 minutes, to downtown Nanaimo in 20 minutes. Park space has been granted to the town, increasing the value of future lots with well thought out green spaces. Low supply will drive demand for new housing in this sought after neighbourhood. The potential cannot be overstated. Come and experience one of Vancouver Island's best kept secrets.