Apartment block for sale

4700000€

33 bedrooms 1687 square meters

Immoweb code : 21978660
Immoweb code : 21978660

Overview

33 bedrooms
14 bathrooms
1687 square meters livable space

Description

Investment property - Appartementbulding

Investment property with 14 apartments, 56 parking spaces, and 17 basement storage units in a prime location in downtown Lier

The property complex underwent a thorough renovation between 2008 and 2012 and comprises a total of 14 spacious apartments spread across two buildings, complemented by a separate parking structure with 56 parking spaces and 17 private basement storage units. The buildings are equipped with an elevator.

The layout is as follows:
House number 35:
Unit 1: ground floor, left side, 89 m², 2 bedrooms. EPC B 160 kWh/m²/year.
Unit 2: first floor, left side, 108 m², 2 bedrooms. EPC B, 151 kWh/m²/year.
Unit 3: second floor, left side, 108 m², 2 bedrooms. EPC B, 151 kWh/m²/year.
Unit 4: third floor, left side, 108 m², 2 bedrooms. EPC B, 160 kWh/m²/year.
Unit 5: fourth floor, left side, 148 m², 3 bedrooms. EPC B, 154 kWh/m²/year.

House number 39:
Unit 1: ground floor, center, 87 m², 2 bedrooms. EPC D 328 kWh/m²/year.
Unit 2: ground floor, right side, 79 m², 2 bedrooms. EPC C, 201 kWh/m²/year.
Unit 3: first floor, center, 161 m², 3 bedrooms. EPC B, 200 kWh/m²/year.
Unit 4: First floor, right, 106 m², 2 bedrooms. EPC B, 118 kWh/m²/year.
Unit 5: Second floor, center, 153 m², 3 bedrooms. EPC A, 100 kWh/m²/year.
Unit 6: Second floor, right side, 110 m², 2 bedrooms. EPC A, 97 kWh/m²/year.
Unit 7: Third floor, center, 161 m², 3 bedrooms. EPC A, 87 kWh/m²/year.
Unit 8: third floor, right side, 106 m², 2 bedrooms. EPC B, 128 kWh/m²/year.
Unit 9: fourth floor, right side, 151 m², 3 bedrooms. EPC B, 155 kWh/m²/year.

Attractive investment with a promising return
The property offers a particularly attractive investment opportunity thanks to the combination of 14 separate rental units, 56 parking spaces, and private basement storage units.
The entire complex is currently leased and generates total monthly rental income of approximately 19,658, representing annual rental income of approximately 227,496.
The total indicative investment value is approximately 4,700,136, resulting in a calculated gross initial yield of approximately 4.84% and a net yield of approximately 4.07%.
An exceptional opportunity for investors seeking a substantial and diversified income property in a prime location in the center of Lier.

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