$1,800,000

Investment For Sale In Gabriola Island, British Columbia

$1,800,000

Property Information:

Gabriola Island Opportunity we have Two Parcels of Land to be sold as one package, 324 Easthom Road is 1.98-acre Water front property with four buildings plus storage, approximately 4600 square feet combined, consisting of five rental units, earning reasonable income. Beautiful views overlooking Descanso bay out to Newcastle (Saysutshun) & Protection Islands. A short 20-minute Ferrie ride from Nanaimo the Island has lots to offer, The Second property is 440 North Road 18.5 Acres this property has an approved water system the supplies the water to the five rental unit plus one other home as well as the BC Ferries public washrooms. The balance of the 18.5 Acers is currently undeveloped. Gabriola is growing and yet still has the island lifestyle feeling.

Property Features:

  • Annual Tax Amount: $8,111
  • Construction Materials: Frame Wood
  • Floor Space (approx): 4615 Square Feet
  • Lot Features: Acreage
  • Lot Frontage: 889930.8 Square Feet
  • Lot Size: 20.43 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Water Source: Cistern, Well: Shallow
  • Waterfront Features: Ocean Front
  • Sewer:

Courtesy of: RE/MAX of Nanaimo

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.