Property listed at 6611 KINGSWAY in BURNABY.
A profitable income property for sale in South Burnaby. A total lot size of approximately 10,000 sf w/three way corner exposure to Arcola Street, Oaks Cress & Kingsway. The property sits in between Metrotown Shopping Centre and Highgate area. Potential to develop into high-rises. Lot comes w/a building which has approx 3,600 sf usable area. The tenant is a Well-known & long-established auto-repair company w/steady customer flow. Approx net income is $7,000 per month. The current lease will be expired in June 2012 with 5 year renewal option. Great holding property for future development. Don't miss out!
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