Outdoor parking space for sale

Plot of land with 11 rented garages close to the city center

This property is located just outside the city center and within walking distance of, among others, the City Garden.

At present, there are 11 garages on the plot, all of which have been rented out for quite some time, ensuring a stable return.
Moreover, parking in this street is not straightforward, which guarantees a steady demand for garages in such a location.
The current rental income amounts to approximately €330 per month, while the potential rental income today is estimated at around €575 per month.

The land is situated in a residential area and has a street frontage of 10 meters and a plot depth of 50 meters.
In theory, this allows for the construction of a semi-detached house with a façade width of 6 meters and a side setback of 4 meters.
As a result, this property not only offers an immediate return thanks to the rental income, but also benefits from the increasing value of ever-scarcer building land. A solid long-term investment!

In short: a plot of land with a stable return generated by 11 rented garages, which can moreover (in the future) be developed as building land.