Mixed-use building for sale

Make an offer starting from 2400000€ Old Price €2,700,000

26 bedrooms 1040 square meters

Immoweb code : 11212553
Immoweb code : 11212553

Overview

26 bedrooms
5 bathrooms
1040 square meters livable space
190 square meters of land

Description

Mixed-use building located in Madou - 7% Yield

Property One offers an investment building in Madou, located on the Brussels inner ring road, close to all amenities. It consists of a ground floor Horeca (catering) space with its kitchens in the basement. The five floors each include five bedrooms, a shared kitchen, and a bathroom with two communal showers. The top floor has convertible attic space. The building has several cellars. A regularization is required with urban planning, with the possibility of converting it into 7 additional housing units besides the Horeca space. Currently, a net yield of 5.3% is achieved without considering the rental income from the commercial ground floor, and 7% net with the rented business included. An excellent investment opportunity! Surface areas aregiven for indicative purposes, and the information in the advertisement is non-binding. For more information about the location, visit our website: www.propertyone.be.

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