Lot 2 Highway, Milford

Description

PRICE REDUCED! Large lot with subdivision potential in the heart of Milford!! The current zoning of R2 permits two 2-unit dwellings (4 residential units). Or just build your own personal residence and/or business here and watch your investment grow. With over 350 feet of road front on Highway 2, this lot is 4x the required size with potential for up to four 2-unit dwellings (8 residential units). This 1.4 acre lot with existing driveway is level, cleared and ready for your next project. There is also an opportunity for further subdivision of this lot which provides potential for a total of 12 residential units. Municipal sewer is in the area and would need to be extended for services to reach the property. See photo on file for approx. locations of the closest manhole cover & sewer main. Municipal water is not available. A recent hydrogeologic study indicates that the water table would support the anticipated residences without affecting any of the surrounding properties. This document is on file and available for review. R2 zoning permits homebased businesses, daycares and accommodations and with council approval, offices, professional services and retail businesses (the be verified by buyer). Accessory buildings of up to 1500 sq. ft. are permitted as of right. This is an ideal location for a small scale residential development with up to 12 rental units (as described above). East Hants is experiencing tremendous growth with great schools, recreation centres, retail businesses, heath care and restaurants. The new Hwy 102 interchange in Lantz is just 4 minutes down the road. Priced to sell!