Attractive multi-family house with building land reserve - return on investment & development potential
Attractive multi-family house with existing returns and additional development potential
This interesting and versatile property offers capital investors an attractive combination of ongoing rental income, well-maintained buildings, and additional expansion and development potential.
The multi-family house has a basement, ground floor, and three upper floors and presents itself in a well-maintained renovated condition. The apartments have been continuously renovated and adapted to today's needs. The two 3-room apartments were last comprehensively renovated in 2021.
Ground floor
On the ground floor, there is a spacious commercial or office space with approximately 70 m² of floor space. A separate entrance area with direct access to the basement rooms and a toilet with sink complement this commercial space.
Also located on the ground floor is an attractive apartment with entrance, separate kitchen, shower, toilet, and sink.
1st floor
On the first floor, there are two beautiful 3-room apartments. Both apartments have a separate kitchen and a south-facing balcony, which provides for pleasant sunlight and attractive living quality.
The apartments each have a bathroom with toilet, bathtub, and sink. One of the apartments also offers a practical separate storage room.
Attic
The attic houses a very spacious 5.5-room apartment, which is characterized by its special room layout and generous space conditions. Via an internal staircase, you can access the galley floor above with approximately 42 m². The apartment has a modern and contemporary standard of construction and offers a lot of living space and versatile usage possibilities.
Basement
In the basement, there are several cellar rooms and the technical and heating room available. The individual apartments thus have practical ancillary and storage spaces.
Fully rented - attractive gross return
The property is currently fully rented. All apartments and commercial spaces are rented and currently generate annual gross rental income of CHF 111,600.
With a sales price of CHF 2,500,000, this corresponds to an attractive gross return of around 4.4%. Thus, the property already offers an interesting ongoing return today and, at the same time, further potential for the future.
Generous floor space reserve
A particular highlight of this property is the existing floor space reserve.
Currently, approximately 658.30 m² of floor space are built on the plot. Due to the permissible floor space, including the bonus, of a total of approximately 1,052 m², there is still a considerable floor space reserve of approximately 393.70 m².
This reserve opens up interesting possibilities for the future development of the property.
According to current planning, there is basically the possibility of realizing an additional multi-family house with three apartments on the property. A corresponding initial project sketch has already been created and conveys an impression of a possible future development.
Thus, this property combines existing rental income with additional development potential, an interesting starting point for both private investors and professional real estate investors.
A versatile and interesting property with ongoing returns, well-maintained existing stock, and an attractive building land reserve.
We look forward to your inquiry and will be happy to show you the property personally on site.
