Located in the heart of Central Nanaimo is this renovated 6 bedroom & 2 bathroom home with a new legal 2 bedroom suite. This property boasts spacious living for a large family or rental complex and is located close to Nanaimo Regional Hospital. The main level has 2 bedrooms and 1 main bath with a spacious living and dining room and a nice deck off the back. The upper floor has 2 more bedrooms to finish off this portion of the home. Downstairs boasts a brand new suite with heated floors and everything is legal and looks great. The home is fully rented. Thousands spent on storm drainage on the property in preparation of development along with increasing the water mains to the site. Rare and well serviced with loads of options and great holding income! Look at combining this property with 1591 Townsite for a 66/387 ft development site with plans for another 8 units on the combined property. Must buy adjacent property to be able to develop further.