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$ 1,300,000
Est. payment | /mo
2.34 Acres Lot
$ 1,300,000
Est. payment | /mo
2.34 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB145088
Lot Size 2.336 Acres
Acres 2.3361342
Property Sub-Type Freehold
Property Description
Calling all investors and developers! This is an exceptional opportunity to add a high-potential project to your real estate portfolio. Gibson Gardens offers an approved 52-unit multi-family development with the hard work already completed, allowing you to focus on construction and bringing the project to life. The development includes approved plans with municipal water and sewer services already installed, significantly reducing upfront development time and costs. The approved plans also qualify for multiple rebate opportunities. This project works out to be $25,000 per unit, creating outstanding value for the next owner. Ideally located just off Gibson Street on Fredericton's north side, the property is close to shopping, schools, parks, walking trails, public transit, and all essential amenitiesan ideal location for future tenants. Whether you're looking to expand your investment portfolio or take on your next large-scale development, Gibson Gardens is a rare turnkey opportunity. Get started before the snow flies and position yourself for a productive building season. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by eXp Realty