19 Nivens Av Lot | Résidentiel | 0,87 ha | À vendre | 4 310 183 € | Dartmouth, NS B3A 4N8

CBRE Limited, on behalf of the Owner, is pleased to offer for sale a residential development opportunity at 19 Nivens Avenue in Dartmouth, NS (herein referred to as the “Property” or “Site”).
The ±2.14 acre site is generally rectangular in shape, is partially leveled while sloping to south-westerly towards Halifax Harbour and is partially fenced. Zoned Higher Order Residential (HR-1) the ±2.14 acre land parcel is currently leased to a tenant for parking and includes a license/easement agreement with Eastward Energy (formerly Heritage Gas) for a pipeline infrastructure. These “rental” agreements provide holding income to offset costs for a purchaser and/ or developer as they formulate plans for the site. The flexibility with the parking lease, which allows for 60 days written notice to terminate, further ensures that developers timelines are not stalled given an in-place tenant.
Preliminary massing of the 19 Nivens opportunity, indicated that in excess of 310,000 SF of buildable density is achievable on the site, which accounts for ±330 suites at an average of 800 Sf per unit. Further details are included herein.
19 Nivens is located near the intersection of Windmill Road and Albro Lake Road. This position, between the Wyse Road neighbourhood and Shannon Park/ Ocean Breeze, places 19 Nivens central to two areas experiencing significant residential development activity. The Site is adjacent to existing residential uses including three and four storey purpose built rentals and a low-density residential neighbourhood. The site is close to retail and professional amenities along Wyse Road including grocery, pharmacies, medical centres as well as the popular Zatzman Sportsplex. The location is served by transit and is less than 300 m from the proposed Bus Rapid Transit (BRT) route.