Apartment block for sale

BUILDING WITH 4 UNITS FOR SALE

BUILDING WITH 4 UNITS FOR SALE

This investment property for sale is located in the immediate vicinity of public transport (Simonis metro), the shops of Place Simonis and other amenities.
This opportunity offers an attractive net yield of +/- 5% and significant potential for rent increases.
The building comprises a :
- a spacious shop/workshop with a net surface area of +/- 140 m2 on the ground floor, +/- 40 m2 of storage space in the basement and +/- 25 m2 on the second floor at the rear. The local authority was consulted about the possibility of converting the premises from retail to residential use, which it did not rule out.
- 2-bedroom apartment in good condition on 1st floor, +/- 70 m2, currently rented at 880 eur/month, PEB : D-, electricity not in conformity
- completely renovated 2-bedroom apartment on the 2nd floor, +/- 70 m2, currently rented at 950 eur/month plus 30 eur as common charges, PEB : waiting, electricity not in conformity
- completely renovated 1-bedroom apartment on 3rd floor, +/- 45 m2, currently rented at 850 eur/month,PEB : F, electricity not in conformity

Town-planning information: legal situation of a 3 residential units ( +1, +2,+3) + a ground commercial and workshop with an urbanistic infringement which is the placement of a downpipe on the front facade

Non-contractual photos and information
For further information or to arrange a viewing, please contact us by phone on 02 219 21 21, by WhatsApp on 0488 11 53 23 or by e-mail at info@century21a