Revenue ownership at a central location in Sint-Andries

Description

This investment property, located at the commercially interesting Gistelse Steenweg 205 in Sint-Andries (Bruges), offers a rare combination of immediate profitability at a strategic location. The property is located on a 452 m² plot and enjoys maximum visibility along a major access road, just 2 km from Bruges-Sint-Pieters station and in the immediate vicinity of the Vives and Howest colleges. The property with a total area of 244 m² is diverse and includes a commercial ground floor, four officially licensed student studios and a spacious basement. The focus on ease of use and modern requirements is reflected in the presence of five private parking spaces. Technically, the object is in immaculate condition: the electrical installation is fully compliant with AREI and the building has the necessary fire safety certificates. With a current net rental income of €51,000 per year. Register of measures: pending