Apartment for sale

Property project to create an apartment - 5th + 6th floor

For sale via Biddit online auction: code 301325: https://www.biddit.be/fr/catalog/detail/301325

Real estate investment project opportunity to transform a part of the 5th and 6th floor of a multi apartment building into a residential unit (subject to planning approval at the commune of Schaerbeek).

Current affectation
• 5th floor: "Mansardes" (+/- 50m2 gross)
• 6th floor: "Grenier" (+/- 20m2 gross)

Positive points:
• Good location
• Large surface to work with
• Sold "casco" giving the buyer the opportunity to create an apartment to suit their needs (subject to commune approval)
• 1 spacious cellar space included with the sale
• Work already completed: new roof with insulation, new windows, new water and new gas connections are already in place (electricity still to be done).
• A preliminary authorization to create at least one apartment has been recorded in the building's deed of sale. However, commune approval / permit is still required.
• Co-ownership in good working order
• Plans available in AutoCAD (DWG) format to reduce architectural fees/speed up the permit process.

Negative points:
• No elevator (only a small "monte charge")
• Permit required to create an residential unit

Note: There is a separate biddit auction for the other side of the 5th and 6th floor visible in the plans for the same starting price of 60.000 EURO (biddit reference 301394) and a further auction for both sides combined listed at a starting price of 120.000 EURO (biddit reference 301397).