391 ISLAND HWY, CAMPBELL RIVER - High density multi-unit RM4 zoning. This 0.83 acre oceanfront property with 250 ft. of frontage sits on the shores of Discovery Passage in Campbell River, on Vancouver Island. Zoning on the property is RM4, which allows for high density residential complexes as well as community care and/or social care facilities. Zoning would permit approx. 31 - 36 units. Owner would entertain joint venture with qualified builder/contractor. The location offers spectacular, unobstructed views from all vantage points. Easily accessed from the Island Highway, the property is close to all city amenities and services, including the new Campbell River North Island Hospital. There is 265 ft. of road frontage with a level terrace at roadside. The property slopes steeply down to a second level area at the oceanfront. Presently a driveway cuts across the slope, connecting the upper and lower areas.