Apartment block for sale

Make an offer starting from 1099000€

6 bedrooms 357 square meters

Immoweb code : 21769387
Immoweb code : 21769387

Overview

6 bedrooms
5 bathrooms
357 square meters livable space
70 square meters of land

Description

St-Gilles, investment property 6 units, 357 m², ± 8% gross

Saint-Gilles, Parvis / Porte de Hal district — Rêvimmo Brussels presents this handsome mixed-use investment property of ± 357 m² (excl. cellars), 6 m facade, fully let. Layout: commercial ground floor (± 50 m²) with operating restaurant, courtyard and cellars (± 56 m²); 1st floor (± 53 m²): 1-bedroom apartment; 2nd floor (± 53 m²): 1-bedroom apartment; 3rd-4th floors (± 118 m²): 2-bedroom duplex with 2 bathrooms; 5th floor + attic (± 105 m²): 3-bedroom duplex with dressing room. Current rental income: ± €7,290/month, i.e. ± €87,500/year gross — gross yield of ± 8% at the asking price. Planning status: the use recognised as lawful = ground-floor commercial unit and 5 residential units (one per floor from the 1st to the 5th), offering real potential for reconfiguration into 5 separate apartments. Assets: PVC double glazing, insulated roof, gas central heating, possibility of individualising the meters (sub-meters), urban renovation zone (increased renovation grants), characterful pre-1932 building. Cadastral income: €2,493 (non-indexed). EPC: being renewed. Ideal for investors: immediate yield plus value creation through reconfiguration. Full file (rental schedule, leases, planning information, plans) available on serious request. Agency commission of 3% excl. VAT payable by the buyer. Viewings and information: Rêvimmo Brussels — 02/217.00.32 — [email protected]. Non-contractual advertisement, approximate surface areas, information subject to verification.

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