Apartment block for sale

Schaerbeek – Mixed-Use Investment Property ±714 sqm , ±5.2%

Schaerbeek, just a short walk from the train station and major transport links, Rêvimmo Brussels presents this fully let mixed-use investment property offering approximately 714 sqm on a 360 sqm plot. The building comprises a 360 sqm ground-floor commercial unit, leased under a 9-year commercial lease running until 30/09/2030, and five residential apartments totaling 7 bedrooms and 6 shower rooms: two 1-bedroom apartments on the first floor (approx. 52 sqm and 76 sqm), one 1-bedroom apartment on the second floor (approx. 50 sqm), one 3-bedroom duplex (approx. 118 sqm) and one 1-bedroom attic apartment (approx. 58 sqm). The entire property is fully rented and currently generates a gross annual rental income of approximately €75,336, representing a gross yield of approximately 5.2% at the asking price. Individual recent Vaillant gas boilers, PVC double-glazed windows, and EPC ratings ranging from D to G depending on the unit. Electrical installation to be brought into compliance. An excellent opportunity for investors seeking an immediately income-producing asset with significant value-add potential through future energy renovations. Sale takes place within a specific disposal process. Complete file (leases, EPC certificates, planning information, etc.) available upon request. Agency fee of 2% excl. VAT payable by the purchaser. Information and viewings: Rêvimmo Brussels.