Apartment block for sale

Investment property with commercial ground floor and duplex

Looking for an investment that pays from day one? This mixed-use property on Lavendelstraat, in the busiest shopping street of Ninove, deserves your attention.

The ground floor holds a move-in ready commercial space of approx. 67 m² with its own entrance, toilet and storage room. It is currently let, giving you an immediate running return. Schools, shops, restaurants and public transport are all within walking distance — a location where footfall comes naturally.

The upper floors house a duplex apartment of approx. 126 m². The first floor comprises a spacious living area with dining corner, a separate kitchen, a bathroom with bathtub, a separate toilet, a storage room and a terrace. The second floor holds two bedrooms. A folding staircase leads to the insulated storage attic. This unit is let as well.

Together both units bring in € 1,500 per month, a gross yield of approximately 6% on the asking price. The pitched roof is insulated with 180 mm mineral wool and the apartment is heated by a condensing gas boiler from 2020.

In short, an investment property in a prime location, with two running leases and the option to move in yourself later on.

For more information and/or a viewing, contact Amine at Immo Zone on 0489/ 06. 28. 62.