5384 Colbourne Dr, Nanaimo, BC
$429,900
R5-zoned 10,000+ sq ft lot in North Uplands with clear duplex potential and long-term upside. Elevated site with established rock exposure offers a solid building base and natural separation from the street. Ideal for a side-by-side or up/down duplex design that fits today’s sub-$1M product target, while avoiding the added costs and timelines of multi-unit permitting. Located minutes to North Nanaimo amenities, schools, and transit. Servicing at the lot line (buyer to verify). A practical opportunity for builders focused on efficient construction, controlled costs, and achievable resale in a proven neighbourhood.
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