Garage in public sale

Description

Description This unique property presents an exceptional investment opportunity in Tienen, offering a garage complex situated at Kabbeekvest 13. Priced at €150,000, this lot comprises nine garage boxes, making it a versatile addition to any real estate portfolio or a practical solution for private parking needs. The property spans an area of approximately 5 a 83 ca, providing ample space for multiple vehicles and potential future development. Among these garages, five are currently rented out verbally, generating an annual income based on the cadastral income of €803, while the remaining four garages are available for new tenants or owner use. This distinction offers immediate rental income and future leasing flexibility, making it a compelling proposition for investors seeking steady revenue streams. The complex's layout and its strategic location in Tienen contribute to its appeal, promising both utility and potential appreciation. The sale process is organized via an auction platform, with scheduled visits on specific Thursdays and Tuesdays throughout June, allowing interested buyers to evaluate the site thoroughly. The bidding period begins on June 17th at 11:00 AM and concludes on June 25th at the same time, with a starting bid of €150,000 and minimum bid increments of €1,000. The signing of the deed is planned for June 30th between 3:00 PM and 4:30 PM. This transparent process invites investors and buyers to participate actively, with opportunities to bid on individual lots or combined lots forming larger packages, such as LOT 4 or LOT 5. The lot is part of a broader sale that also includes neighboring residential properties, offering additional options for those interested in expanding their holdings or customizing their investment strategy. Tienen, located in the heart of Belgium’s Flemish region, benefits from excellent accessibility and local amenities, making it an attractive location for both commercial and residential purposes. Its strategic position provides easy access to regional transportation links and services, ensuring ongoing demand for rental properties and investment assets. Whether you are an investor seeking reliable rental income or a developer looking to expand your portfolio in a vibrant town, this garage complex offers substantial potential. Don't miss the opportunity to acquire this versatile property—contact us today to arrange a viewing or to learn more about the bidding process. * This text was generated using an artificial intelligence. Show all Show less