This 1.28-acre property offers a rare development opportunity in a highly desirable Central Campbell River location. Currently zoned RM-1, the site previously had an approved development permit for 11 free-standing units, showcasing its strong potential and flexibility. Developers can either revive the prior concept or explore rezoning options to further maximize density and unlock additional value. The area is ideally suited for a variety of housing forms, including townhomes, modular homes, or higher-density multi-unit projects. With it's location, size, and multiple pathways for development, this property is a great investment for builders and visionaries looking to create much-needed housing in Campbell River.