New property listed in Sechelt District, Sunshine Coast
I have listed a new property at 5517 WHARF AVE in Sechelt.
Sunshine Coast Investment Opportunity!!! This fully leased, updated building in Downtown Sechelt contains two retail spaces and four, one bedroom apartments. 5% Plus Cap rate return on this centrally located building. All the work has been done including new exterior staining, updated roof, landscaping and residential apartments. All four apartments have been modernized and separately metered with individual hot water tanks. Coin operated laundry is on site. Three of the four apartments have private balconies and two have dishwashers. One has a large skylight for natural light. Never a residential vacancy in this building. Both commercial tenants are in long-term, multi-year leases. Centrally located on Wharf Avenue, part of the Sunshine Coast Highway, 5517 Wharf Avenue is walking distance to everything in Sechelt including St. Mary's, the main hospital on the Sunshine Coast. This well priced property would make a great addition to any investment portfolio!!
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