Lot 24-18 Burns Street Nashwaaksis, New Brunswick E3G 4C8

$1,399,000

ATTENTION APARTMENT DEVELOPERS!! Welcome to a fantastic opportunity in real estate development! This prime Development and, strategically positioned and recently rezoned to MR-4, presents a unique canvas for visionary investors and developers in the Brookside Drive area near the corner of Burns Street. This parcel offers the potential to construct two buildings, totaling an impressive 78 residential units. The MR-4 zoning not only allows for the creation of a substantial number of units but also opens the door to the possibility of achieving even greater density. With the potential for expansion, the savvy investor could explore various architectural plans and submit proposals to the city for a possible increased unit count. Boasting a coveted location, this development land is situated in close proximity to essential amenities, schools, parks, and transportation hubs, making it an ideal choice for a residential project. The surrounding community's growth and demand for housing further enhance the appeal of this investment. Conceptual preliminary design of 2 buildings comprising 78 units available for inspiration or design your own concept to meet our objectives. Note taxes and assessment reflect the existing PID/PAN that the subject property will be subdivided from. Municipal Services are in Street and need to be stubbed in. (id:19018)

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https://www.realtor.ca/real-estate/27156763/lot-24-18-burns-street-nashwaaksis