3997 DRINKWATER DUNCAN

West Duncan neighbourhood of Duncan British Columbia Canada V9L 5Z6
$799,900

3997 DRINKWATER DUNCAN

  • Price: $799,900
  • MLS Number: 926185
  • Square Footage: 9000 Sq Ft
  • Property Type: Single Family

Great place to park your money for future investment or current business place opportunity. Offering a 25% share in the land and buildings, 50% can also be purchased at a negotiated price. Build a two story office and look over the racetrack for your entertainment! The zoning allows for almost any manufacturing you can think of. Currently most of it is leased but there is approx 2 acres out of the 10 still to be utilized, when rented the cap rates increases, currently approx 5-6%. Includes a large state of the art licensed production facility almost ready to begin operations, possible to buy into a percentage of this business as well. Central Vancouver Island is poised to comfortably ride out a recession as so many in Canada are making their way to enjoy our mild Mediterranean climate. The Cowichan Valley is know for its sustainable lifestyle and outrageous Beauty. The park is located in central southern Vancouver Island and only 25 mins to the ferry and airport.

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