Featured Listing Property Detail   

Potential high-rise development site with considerable rental income in the center of Burnaby

Price:
$4,988,000  For Sale
MLS® No:
  •  photo

Features

Central AC:
None
Fire Place:
N
Ensuite Laundry:
N

The asking price is only 4, 988, 000$! The next door neighbor is selling 6. 5 million! What is the best value for money, the best commercial property with the most investment value? Look down:

Breaking through the iron shoes, the most worthwhile investment in commercial properties is here! No need to look hard! This is the best investment opportunity you want! ! ! ! ! Smart investors must understand this truth! There are many properties with high rental returns, but most of them are in remote areas, on land. The income generated is more important for future development potential and huge value-added space! The potential for development is too small; the value-added space is too small, and more importantly, we don’t know how long it will take to be developed! This property is located in the center of Burnaby, the most central part of the city, and development opportunity is in no time!

The net rental yield of this property is 2. 7%. What is more valuable is that all expenses, including maintenance, are borne by the tenant! The more critical real investment value is that future government plans can be converted into high-rise buildings. The property is located in the prime location of Burnaby, with a land area of ​​7, 950 sqft. Facing the community center and main roads, it may be leased to day care owners and has long contract. The annual rent is about 165, 000$, and the net rental return rate is 2. 7%. At present, the government OCP regulations permit to build high-rise commercial residential mixed buildings with OCP of 4. 9. The average floor price per foot is about 115$. At present, the price of the builder's acquisition is 160-180$ per foot. Hold live for 2-3 years and you can have a profit of about 2 million. So smart investors, what are you waiting for? Hurry to call Naomi Personal Real Estate Business Department: 7788331688 for more information! Just look at which of you is the quickest, but don't say I didn't tell you about this good opportunity! The heart is not as good as action! The biggest magic weapon for successful people is execution!

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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$3,998,000
$1,990,000
$3,280,000
Naomi WangPersonal Real Estate CorporationDirect: 778-833-1688Bus: 604-257-8888
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