Closed garage for sale

Thanks to the CCTV system in place, as the owner, you have a clear view of both the new, permeable driveway and the three garage units. Each garage is currently rented out for €130 per month, which amounts to a total monthly rental income of €390 for all three garages combined—or €4,680 annually. The new roof, featuring 4 cm of insulation and automatic lighting with a motion sensor, enhances comfort. The garages are nearly 2.8 meters wide by 5.20 meters deep. They are primarily used for parking vehicles and are equipped with a new sectional door (Hörmann). With an eye toward the future, copper electrical lines have been run into every garage. Anyone who decides to install a charging station will therefore be able to charge electric vehicles. The garages on Van Fraechemstraat +15 are located in a blue parking zone. Parking demand in the area is quite high and continues to rise. According to the Flemish Region, the population of Machelen grew by approximately 17.2% between 2011 and 2021. The yield on these three leased garage units is currently 4.05%. The monthly common area fees are currently 5.4 euros per unit per month, including electricity, maintenance, and insurance.