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Investor Alert: Why Purchasing One of the Last Remaining Early Phase Units Makes Sense

 
 

Written by on November 19th, 2016
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One of the best ways to make money in real estate is when you become aware of a future positive development or occurrence and you take action early to benefit from it when it comes to fruition.

After the success of the first two commercial phases of the project, which has seen 14 businesses move into the development and establish a thriving business community, construction is under way on the third and final phase of the project, which features two state-of-the-art buildings featuring a west coast, modern style of architecture, providing an opportunity for Class A office space at a standard never before available for purchase in North Nanaimo. In fact, the larger of the two buildings even includes secured, underground parking and convenient elevator access from both the parkade and ground floor.

With construction still in its early stages and with the listings only being live for a few weeks, there are already accepted offers on 30% of the Phase 3 units. The spaces have garnered interest from a number of higher profile professional practices that are looking for a prestigious location to better serve their clients, many of whom are the higher income earners living in Nanaimo’s north end. With construction progressing and units being tied up quickly, it won’t be long before the construction is complete and both Phase 3 buildings are fully occupied with some of the city’s most reputable professional businesses, all of whom will serve to drive traffic to this site, and further cement the development’s reputation as North Nanaimo’s premier business community.

So what does all this mean??? We’ll if you can make money in real estate by taking action when you become aware of something that is going to happen in the future that will have a significant positive impact, and you know that some time during the summer of 2017 there will be 2 state-of-the-art buildings occupied by successful professional practices driving traffic to the development, then what are you waiting for?

There are just a few remaining early phase units priced attractively from $279,000 poised for capital appreciation as the roster of businesses rounds out over the next number of months, and construction congestion dissipates. Although there are no guarantees, whether you are looking for a new location for your business or strictly a solid investment opportunity, these units should strongly be considered.  

Contact commercial real estate advisor Devin Jahelka at 250-751-0804 or info@jahelkagroup.com for more information.

www.pacificstationoffices.com

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Modern, West-Coast Design

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Prime North Nanaimo location, with easy access along Metral Drive

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Unit 202-5220 Dublin Way is the last remaining Phase 2 unit available.

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Vaulted ceilings and plenty of natural light make for an inviting office environment.

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Summer BBQ’s from your own private deck? Yes, please!