Property One offers an investment building in Madou, located on the Brussels inner ring road, close to all amenities. It consists of a ground floor Horeca (catering) space with its kitchens in the basement. The five floors each include five bedrooms, a shared kitchen, and a bathroom with two communal showers. The top floor has convertible attic space. The building has several cellars. A regularization is required with urban planning, with the possibility of converting it into 7 additional housing units besides the Horeca space. Currently, a net yield of 5.3% is achieved without considering the rental income from the commercial ground floor, and 7% net with the rented business included. An excellent investment opportunity! Surface areas are given for indicative purposes, and the information in the advertisement is non-binding. For more information about the location, visit our website: www.propertyone.be.
Property type | House |
Bathrooms | 5 |
Bedrooms | 26 |
Habitable area | 1.040m2 |
Lot size | 190m2 |
Year built | 1900 |
Cadastral income | € 12.142 |
EPC value | 239kwh/m2 (E) |
EPC certificate number | 20240212-TEST |
CO2 emissions | 61 kg/m2 |
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