Riverbend Road | $1,500,000
Jim Ballard Agent Photo
Jim
Ballard
P. (250) 758-7653
F. (250) 758-8477
Phone Jim http://www.jimballardhomes.ca
Royal LePage Nanaimo Realty (NanIsHwyN)
4200 Island Highway North
Nanaimo, BC
Canada V9T 1W6

Details

%
Years (35 year max)
Years



Address Riverbend Road
AreaNanaimo
Sub AreaZ4 Extension
State/ProvinceBritish Columbia
CountryCanada
Price$1,500,000
Property TypeLand Only
Lot Size40.00 Acres
MLS® #470133

Gravel and Aggregate Processing Site With gravel and aggregate beginning to run short on the Island, here's a property that's well worth a look. The property is located along the south bank of the Nanaimo River, approximately 10 km south of downtown Nanaimo and 2 km west of the Trans Canada Highway.Current zoning permits a variety of uses in addition to residential, such as aggregate extraction and processing, agriculture, silviculture, home-based business, etc. Seller estimates the potential for approximately 600,000 cubic yards of recoverable material at just one of the three gravel sites on the property; the other two sites estimated potential is approximately 300,000 cubic yards in total. The balance of the property is a spectacularly beautiful acreage fronting the mighty Nanaimo River, with residential homesites and the potential to re-zone to RV camping and any number of recreational uses.

Location

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Data Source: Statistics Canada