Apartment block for sale

1200000€

10 bedrooms 474 square meters

Immoweb code : 21978661
Immoweb code : 21978661

Overview

10 bedrooms
474 square meters livable space

Description

Investment property - Appartementbulding

Investment property with 7 apartments in a prime location in downtown Lier

Located at Anton Bergmannlaan 3 in Lier, right in the heart of the bustling city center and close to the historic city ramparts, this attractive investment property consists of 7 apartments.

Thanks to its central location, shops, restaurants, public transportation, schools, and other daily amenities are within walking distance. The Grote Markt and the green spaces of Lier’s city ramparts are also nearby.

The building comprises a total of 7 apartments, spread across the ground floor and three upper floors. The apartments have a living area ranging from 57 m² to 76 m² and each features one or two bedrooms.

The layout is as follows:

Unit 1: ground floor, right side, 63 m², 1 bedroom. EPC D, 333 kWh/m²/year
Unit 2: first floor, left side, 63 m², 1 bedroom. EPC B, 140 kWh/m²/year
Unit 3: first floor, right side, 63 m², 1 bedroom. EPC C, 300 kWh/m²/year
Unit 4: second floor, left side, 57 m², 1 bedroom. EPC D, 339 kWh/m²/year
Unit 5: second floor, right side, 76 m², 2 bedrooms. EPC B 98 kWh/m²/year
Unit 6: third floor, left side, 76 m², 2 bedrooms.
Unit 7: third floor, right side, 76 m², 2 bedrooms. EPC F 610 kWh/m²/year

Together, the apartments have a total living area of approximately 475 m².

Optionally, the buyer can purchase additional parking spaces in the rear parking garage. (8 spaces at 22,000 each = 176,000).

Attractive investment with a promising return

The property offers an attractive investment opportunity thanks to its combination of a central location and seven separate rental units.
Based on the reported rental income, the total monthly rental income is approximately 5,419, amounting to an annual rental income of approximately 64,459.
The total indicative investment value is 1,274,969, resulting in a calculated gross initial yield of approximately 5.06% and a net yield of approximately 4.10%.

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