househunter

Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora

€1,295,000
Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora
Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora
Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora
Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora
Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora
Luxor Parking: 60 parking spaces 5 motorcycle spaces 1 stora
Bedrooms
0
Plot
690 m²
Built
1971
Façades
2
Floors
4
Parking
60
Condition
GOOD
Flood zone
NON_FLOOD_ZONE

Features

  • Garage

Description

Carefree and future-oriented investment! This well maintained parking building in Sint-Matheusstraat in Borgerhout offers a stable annual return of ±5.4% with growth potential thanks to the preparation for charging stations. The building has 60 car parking spaces, 5 motorcycle parking spaces and 1 storage space, spread over 3 floors. Access via automatic gate with remote control. The electrical installation was completely renewed and is ready for the installation of charging infrastructure. Financial: annual rental income €80,640 - asking price €1,495,000 - gross yield ±5.39%. With the installation of charging stations on 20-30% of the sites (12-18 units), the yield increases to ± € 93,800/year and the return to ±6.3%. In addition, this increases the market value by approximately +5-8%. Advantages: -Constant rental and minimal management -Sustainable, future-oriented and ESG compatible -Strategic location near downtown Antwerp and approach roads

Location

View on immoweb

More listings in Borgerhout