New property listed in False Creek, Vancouver West
I have listed a new property at 617 STAMP'S LANDING in Vancouver.
Waterfront fantastic investment property in False Creek. Current restaurant tenant has 10-year lease. The investment brings fantastic net income with 10% rent increase every 5 years. This Leasehold property has approximate 18 years remaining HOWEVER according to the Lease Document at the end of the cycle the City has to pay to the owner MARKET VALUE of the property or renew the lease! It is a fantastic opportunity. Please do not disturb the tenant.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.