4851 Cedar Ridge Place Nanaimo, British Columbia
4851 Cedar Ridge Place Nanaimo, British Columbia DTZ Is pleased to offer this highly sought after 1.84 acre development site located in Central Vancouver Island. The property is ideally situated in the Rutherford area of north Nanaimo. This is an area of office, retail and mixed residential properties in a region that is experiencing continuous development. The proximity of this property to both the Inland Island Highway and the Old Island Highway provides exceptional access and visibility. The location of the property provides a great opportunity to build a commercial development. Growing interest in this region provides additional value for the development of this property. With the recent improvements to the Nanaimo North Town Centre and new residential project located on Songbird Place, this location is an ideal development opportunity.
Gerry Van Vaals Personal Real Estate Corporation [email protected] 250 616 2155
DTZ Nanaimo Real Estate Ltd. 201 - 155 Skinner Street Nanaimo, BC V9R 5E8 Tel: 250 753 5757 Fax: 250 753 4993
Location The Rutherford area of Nanaimo includes a high concentration of commercial office, retail and residential development. It is also home to Nanaimo’s second largest shopping mall. The location of this property provides both visual exposure and easy access to major arterial roads and public transportation. There is potential for both mountain and lake views from development of this property. Description The property is 1.84 acres of sloping, treed development land within close proximity to Long Lake. The property is fully serviced and positioned on the corner of Rutherford Road and Cedar Ridge Place opposite the Grand Hotel. The vacant lot located at the end of the cul-de-sac is to be developed as a senior care facility. Zoning COR2 - Mixed Use Corridor Permitted uses under this zone include, but are not limited to: Assembly hall, bed and breakfast, club or lodge, commercial school, financial institution, hotel, library, multiple family dwelling, neighbourhood pub, office, personal care facility, recreational facility, restaurant, retail, seniors housing, etc. For a complete list of permitted uses for this zoning visit the City of Nanaimo’s website www.nanaimo.ca The City of Nanaimo OCP designates this property as Town Centre.
Property Highlights Legal Description Lot 2, District Lot 17, Wellington District, Plan VIP64055 PID: 023-553-855 Property Assessment (2014) Land value $1,028,000 Taxes (2013) $24,366.02 Total size: 1.84 acres
Gerry Van Vaals Personal Real Estate Corporation [email protected] 250 616 2155
DTZ Nanaimo Real Estate Ltd. 201 - 155 Skinner Street Nanaimo, BC V9R 5E8 Tel: 250 753 5757 Fax: 250 753 4993
Information contained herein has been obtained from the owners or sources deemed reliable by DTZ Nanaimo Real Estate Ltd. While we have no reason to doubt its accuracy, we regret we cannot guarantee such information. All measurements and other information herein should be independently verified by the reader or prospective user and is subject to the user’s own inspection of the premises and due diligence work and to the user’s satisfaction with the results of such review.
Gerry Van Vaals Personal Real Estate Corporation [email protected] 250 616 2155
DTZ Nanaimo Real Estate Ltd. 201 - 155 Skinner Street Nanaimo, BC V9R 5E8 Tel: 250 753 5757 Fax: 250 753 4993
Location The Rutherford area of Nanaimo includes a high concentration of commercial office, retail and residential development. It is also home to Nanaimo’s second largest shopping mall. The location of this property provides both visual exposure and easy access to major arterial roads and public transportation. There is potential for both mountain and lake views from development of this property. Description The property is 1.84 acres of sloping, treed development land within close proximity to Long Lake. The property is fully serviced and positioned on the corner of Rutherford Road and Cedar Ridge Place opposite the Grand Hotel. The vacant lot located at the end of the cul-de-sac is to be developed as a senior care facility. Zoning COR2 - Mixed Use Corridor Permitted uses under this zone include, but are not limited to: Assembly hall, bed and breakfast, club or lodge, commercial school, financial institution, hotel, library, multiple family dwelling, neighbourhood pub, office, personal care facility, recreational facility, restaurant, retail, seniors housing, etc. For a complete list of permitted uses for this zoning visit the City of Nanaimo’s website www.nanaimo.ca The City of Nanaimo OCP designates this property as Town Centre.
Property Highlights Legal Description Lot 2, District Lot 17, Wellington District, Plan VIP64055 PID: 023-553-855 Property Assessment (2014) Land value $1,028,000 Taxes (2013) $24,366.02 Total size: 1.84 acres
Gerry Van Vaals Personal Real Estate Corporation [email protected] 250 616 2155
DTZ Nanaimo Real Estate Ltd. 201 - 155 Skinner Street Nanaimo, BC V9R 5E8 Tel: 250 753 5757 Fax: 250 753 4993
Information contained herein has been obtained from the owners or sources deemed reliable by DTZ Nanaimo Real Estate Ltd. While we have no reason to doubt its accuracy, we regret we cannot guarantee such information. All measurements and other information herein should be independently verified by the reader or prospective user and is subject to the user’s own inspection of the premises and due diligence work and to the user’s satisfaction with the results of such review.
