Garage for sale

Description

Description This exceptional property offers a unique investment opportunity in Evere, located at Avenue Franz Guillaume 27. Priced at €440,000, this sale encompasses a set of 16 secure garages within a complex that features a total of 49 garages. These garages are standalone units, not attached to any building, providing flexibility and ease of access for tenants or future users. With each garage generating a minimum rental income of €121, all units are currently rented out, ensuring immediate cash flow and a stable return on investment. The property boasts a net profitability of at least 3.3%, making it an attractive proposition for investors seeking reliable income streams with minimal management complications. The garages' strategic placement within a well-maintained copropriété enhances their appeal, offering potential for either continued rental income or future development. The absence of connection to any building offers an advantage in terms of maintenance and customization, enabling versatile usage or bespoke arrangements tailored to market demands. The financial details are clear: the property is free of VAT obligations, with a cadastral income of €1,428, which is relevant for assessing fiscal implications. Currently not rented out, the garages provide an excellent opportunity for investors to increase profitability by attracting new tenants or adjusting rental terms. The location in Evere, a dynamic municipality close to Brussels, adds further value due to its accessibility and popularity among commuters and local residents. If you are interested in this income-generating asset and want to explore the potential it holds, contact us today for more information or to schedule a viewing. This well-maintained complex presents an excellent opportunity for both seasoned investors and newcomers looking to expand their portfolio in the thriving Brussels area. Don't miss out on a chance to enhance your real estate investments with this promising property in Evere, offering stability, profitability, and strategic positioning—all at a competitive price point. Reach out now to discover how this property can fit into your investment plans. * This text was generated using an artificial intelligence. Show all Show less