Mixed-use building for sale

Schaerbeek l Richard Vandevelde

Located in Schaerbeek, in an urban neighbourhood close to shops, public transport and local amenities, this income-generating property represents an attractive investment opportunity. The building comprises a ground-floor commercial unit of approximately 60 m² and a spacious triplex residence of approximately 159 m², each with its own separate entrance.

The commercial unit, currently operating as an independent hair salon, benefits from excellent visibility thanks to its large street-facing shop window. It features a spacious, bright main area and several additional rooms at the rear.

The residential unit has its own private entrance. The mezzanine level includes an additional bedroom, a separate toilet and a technical room housing the individual gas boiler. The first floor offers a bright and comfortable living room, a kitchen area and a small adjoining balcony. The second floor comprises two spacious bedrooms and a bathroom. The third floor features a converted attic, currently used as an additional bedroom. Large cellars also provide generous storage space.

The building is generally in good condition. The roof was renovated approximately ten years ago, and some cosmetic improvements, mainly repainting, could be considered. The property features double-glazed windows, individual gas and electricity meters, and a main water meter with a submeter. **Energy Performance Certificate (EPC): E.

Both units are currently rented, generating a combined monthly rental income of €2,620.64, equivalent to €31,447.68 per year. The commercial unit is rented for €1,100/month (rent not yet indexed), while the residential unit generates €1,520.64/month. Based on the asking price of €549,000, the indicative gross rental yield is 5.73%, excluding acquisition costs and expenses.

An attractive opportunity for investors seeking a mixed-use income property in good condition, offering immediate rental income and potential for further optimisation.

For further information or to arrange a viewing, please contact Axel de Béthune on 0483 07 04 96.