21 Holloway Street, St. John's, Newfoundland & Labrador, A1C 3R3

Property Information:

RARE OPPOUNTUNITY IN DOWNTOWN ST. JOHNS. VENDORS ARE WILLING TO OFFER A VENDOR TAKE-BACK AS A MORTGAGE TO QUALIFIED BUILDERS WITH REASONABLE CONDITIONS TO GET THIS PROJECT OFF THE GROUND.THIS VACANT PROPERTY IS AN IDEAL FOR DEVELOPERS, HOME BUILDERS AND INVESTORS. THE FIVE LOT SUBDIVISION PROPERTY OFFERS SPECTACULARS VIEWS OF THE NARROWS, SCENIC ST. JOHNS HARBOUR ,AS WELL AS PANORAMIC VIEWS OF THE CITY, BATTERY AND FORT AMHERST. THIS LAND IS SITUATED NORTH OF DUCKWORTH STREET WITH FRONTAGE ON HOLLOWAY STREET AND NUNNERY HILL. THE PROPERTY IS ZONED (RD) AND IS IDEALLY SUITED FOR THE DEVELOPMENT OF UP TO FIVE HERITAGE-STYLE RESIDENTIAL TOWNHOUSES WITH OFF-STREET PARKING AND SPECTACULAR VIEWS. THE OWNERS HAVE BEEN COORDINATING WITH THE CITY OF ST JOHNS PLANNING DEPT FOR PLAN APPROVAL OF A FIVE-UNIT ARCHITECTURAL-DESIGNED PROJECT WHICH IS WITHIN THE LIMITS OF THE RD ZONE REGULATIONS. COUNCIL APPROVAL,THEREFORE IS NOT REQUIRED FOR BUILDING PERMIT APPROVAL. THE CONCEPT IS PROGRESSING THROUGH TO PLAN APPROVAL BUT IS PRELIMINARY SO CAN BE MODIFIED WITHIN THE RD ZONE REGULATIONS TO SUIT PURCHASERS REQUIREMENTS.THE CURRENT PLAN HAS POTENTIAL FOR EXPANDED LIVING TO THE REAR OF THE PROPOSED UNITS OR FOR FEWER HOMES WITH LARGER LIVING AREAS. (id:27)