Building land for sale

349000€

Immoweb code : 21577395
Immoweb code : 21577395

Overview

115 square meters of land
€ 3,035.00 m²

Description

Building Plots - Commercial Space & 4 Residences - St-Gilles

Development Opportunity in St-Gilles: Mixed-Use Building with Permit between Barrière and Parvis

Located in a sought-after area of Brussels, these building plots at 190-194 Chaussée de Waterloo offer a rare opportunity for developers and investors. Strategically situated between the Barrière de Saint-Gilles and the Parvis, the project benefits from a planning permit (granted in 2021, to be renewed) for the demolition of two houses and the construction of a contemporary mixed-use building featuring four residential units and a ground-floor commercial space. This project is eligible for the reduced 6% VAT rate for demolition and reconstruction, representing a major financial lever for the operation's profitability.

The design maximizes the plot’s potential with an 11-meter wide facade and a smart distribution of space:

Basement Level (R-1): Optimized space including private cellars for each unit, meter room, booster pump, and waste storage.

Ground Floor (R0): Commercial space ideally located on a high-traffic street. Secured covered passage for residents and outdoor bicycle parking.

1st Floor (R+1): Two dual-aspect studios.

2nd Floor (R+2): A dual-aspect two-bedroom apartment.

3rd & 4th Floors (R+3/R+4): A spacious three-bedroom duplex featuring private roof terraces.

The complete file, including approved plans and technical reports, is ready for implementation following the renewal of the permit.

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