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3088 GIBBINS DUNCAN
West Duncan neighbourhood of Duncan British Columbia Canada V9L 1E8
$3,490,000
3088 GIBBINS DUNCAN
Price: $3,490,000
MLS Number: 1025353
Property Type: Single Family
Here is an excellent opportunity for a long term, cashflow investor. This 7,253 sq’ building has been occupied by the Vancouver Island Health Authority since 1988 and has a new 5 year term starting in September 2026. At that point the property will produce a 5.5% cap at the asking price. The building and property are in excellent shape with many upgrades having been completed. A partial list includes, complete remodel of the interior, new paved parking area, heat pumps repaired or replaced (as needed), all lighting replaced with LED etc. This 41,580 sq’ property represents one of the best investment opportunities in the increasingly popular Cowichan Region on Southern Vancouver Island
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3088 GIBBINS DUNCAN - 3088 GIBBINS DUNCAN
