Business surface for sale

Description

Description This remarkable business surface for sale in Aubange offers a unique investment opportunity with its composition of 10 residential units, including six apartments featuring one to three bedrooms and four studios. The property comprises 11 bedrooms in total, complemented by 10 bathrooms and 10 toilets, ensuring ample accommodation for potential tenants. Additional features include 10 exterior parking spaces, a cellar, and a shared garden, providing functional and communal amenities. Structurally, the building incorporates concrete floors and staircases between levels, independent electricity meters for each unit, and a shared oil-fired heating system installed in 1991. Water consumption is measured individually via sub-meters. While certain updates are necessary—such as replacement or repair of Velux windows, window frames, some fitted kitchens, and shower rooms—the property presents significant potential for enhancement. Situated in the city of Aubange, with a west-facing front elevation, this investment building also benefits from an energy performance certificate (EPC) rating varying between C and G, though the roof insulation was not factored into this assessment. The electrical installations are currently non-compliant with regulatory standards. The property is sold without VAT and is not currently rented, allowing the buyer to manage occupancy freely. With rents potentially reaching up to €6,600 net per month once refurbishments are completed, the expected net yield approximates 5%, underscoring the financial appeal of this asset. This turnkey acquisition brings together multiple residential units under one roof, streamlining management and offering diversified rental income. Offered at a price of €1,050,000, this building represents a noteworthy prospect for investors seeking to capitalize on a sizeable portfolio in the Aubange area. Interested parties are encouraged to conduct thorough due diligence as the information provided is indicative and non-contractual. For further details and to arrange a viewing, please contact us directly to explore this rare opportunity to acquire ten residential units in a single transaction within this strategic location. * This text was generated using an artificial intelligence. Show all Show less