Closed garage for sale

Conveniently located at Rue de Mons 80, 1480 Tubize, we are pleased to present this garage complex comprising 23 enclosed lock-up garages and 6 parking spaces. A particularly attractive investment opportunity offering immediate rental income and demonstrably strong rental demand: all units are currently let, with a waiting list of no fewer than 32 prospective tenants! Current rental income amounts to €1,675 per month, or €20,100 annually. After deduction of the annual property tax, this represents an estimated annual gross rental yield of approximately 4.4%, based on the asking price of €460,000. Furthermore, rental rates have not been adjusted since 2022, offering attractive potential for further income optimisation. An excellent opportunity for investors seeking a fully let property complex generating recurring rental income with additional potential for yield growth. For further information, please contact Qspot at [email protected] or +32 474 96 90 03.