Apartment block for sale

Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora

Carefree and future-oriented investment! This well maintained parking building in Sint-Matheusstraat in Borgerhout offers a stable annual return of ±5.4% with growth potential thanks to the preparation for charging stations.

The building has 60 car parking spaces, 5 motorcycle parking spaces and 1 storage space, spread over 3 floors. Access via automatic gate with remote control. The electrical installation was completely renewed and is ready for the installation of charging infrastructure.

Financial: annual rental income €80,640 - asking price €1,495,000 - gross yield ±5.39%. With the installation of charging stations on 20-30% of the sites (12-18 units), the yield increases to ± € 93,800/year and the return to ±6.3%. In addition, this increases the market value by approximately +5-8%.

Advantages:

-Constant rental and minimal management
-Sustainable, future-oriented and ESG compatible
-Strategic location near downtown Antwerp and approach roads