Apartment block for sale

Profitable rental property in prime Wilrijk location

Interesting investment opportunity consisting of 4 fully licensed apartments, a commercial space/carwash, and a rear warehouse. The entire property is rented out, has a strong historical occupancy rate with no vacancies, and generates immediate rental income.

Financial details

Asking price: €1,590,000
Monthly rental income: €7,034
Annual rental income: €84,408
Gross rental yield: approx. 5.31% on the asking price
Indexing: rents are annually indexable, offering additional growth potential.

Rental income per unit
Commercial space/carwash: €1,815/month
Warehouse: €939/month
Apartment 1st floor left (approx. 85 m²): €1,150/month
Apartment 1st floor right (approx. 85 m²): €1,000/month
Apartment 2nd floor right (approx. 78 m²): €1,250/month
Apartment 2nd floor left (approx. 58 m²): €880/month
Building layout

Ground floor: commercial space/carwash of approx. 240 m² with a rear warehouse of approx. 150 m².

First floor:
Apartment left: approx. 85 m², 2 bedrooms, and a terrace of approx. 10 m².
Apartment right: approx. 85 m², 2 bedrooms, and a terrace of approx. 10 m².

Second floor:
Apartment right: approx. 78 m², 3 bedrooms, and a terrace of approx. 6 m².
Apartment left: approx. 58 m², 1 bedroom, and a spacious terrace of approx. 20 m².

Key advantages

€84,408 current annual rental income

Approx. 5.31% gross rental yield

Fully rented with historically no vacancies during current ownership

Annually indexable rents

Strong mix of residential and commercial rental income

4 licensed apartments + commercial unit/carwash + warehouse

Thoroughly renovated building
Energy-efficient apartments with EPC labels A and B

Separate meters

Electrical, water, and gas inspections present and compliant

More information, rental agreements, inspection certificates, and relevant documents are available upon request for serious interest.

Contact us for additional information or to schedule a visit:
-GSM: 0488 88 36 98
-Per e-mail: [email protected]