Apartment block for sale

5-story bldg of 90 m² – Permit granted for 3 stud. accom.

Sky Realty presents this building with ground floor and four upper floors of approx. 90 sqm (total surface incl. cellars), offering excellent rental potential after renovation, ideal for a high-yield investment project in the city centre. Urban planning permit granted on 25/10/2024 (valid for 3 years) for conversion into collective housing comprising 3 student rooms (initial application for 4 rooms, 3 approved – buyer may submit a new application). According to the permit, the ground floor includes a shared living space of 10.10 sqm, the first floor is dedicated to the kitchen, and from the second to the fourth floor one student room per level of 11.70 sqm, each equipped with a private shower, washbasin and toilet. Flat roof. An external staircase will have to be installed at the rear to optimise the usable interior space and replace the existing internal staircase, which is too narrow and in poor condition. Major renovation works required. Strong rental demand in this central area ensures high occupancy levels once renovated. Given its strategic location, the property is also suitable for short-term furnished rental. Current situation: building uninhabitable (insalubrity order in force). Sought-after location, close to the pedestrian area and Brussels’ main tourist attractions (Bourse, Sainte-Catherine, Grand-Place). Plot size: 17.43 sqm | Cadastral income: €374. Rare opportunity for yield-oriented investors. Visits: https://www.plato.immo/c/NM1D