Oceanview/Waterfront Lot in North Nanaimo with south and east views across the Water to see the Vancouver Night lights. This half-acre lot located right next to the Invermere Beach access may be an opportunity for someone to take advantage of some continuing research and development. An engineer will need to develop a geotechnical assessment and then submit it to the city for approval. Geotechnical reports were performed in 2001 and 2006 for a building permit, although those records have now expired, and changes to the setbacks and riparian areas were made in 2024 to make that information obsolete. If a buyer were to make their own investigations and investments in engineering work, this could be an opportunity for a savvy Buyer looking for one of the most desirable building sites in North Nanaimo.