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For Salehouse

City Center /La Monnaie, Mixed-use building retail & housing

Rue des Princes 16

Bruxelles (1000)

1,100,000 EUR

3,038.67 EUR/m²

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Description

In the heart of Brussels city centre, facing La Monnaie, Revimmo Brussels presents a mixed-use building of ±362 m² comprising on the ground floor a restaurant with dining area, bar and fully equipped professional kitchen, completed by spacious storage cellars. On the 1st floor, an apartment of ±86 m² (EPC F) offers a bright living room with fitted open kitchen, one bedroom and a bathroom. The 2nd floor, in shell condition, can be converted into an apartment, while the 3rd floor under the roof also offers the possibility of creating a second apartment. With its strategic location, exceptional visibility and strong potential combining commercial, rental and residential development, this property stands in the continuity of the district’s recent upgrading, illustrated by Immobel’s OXY tower and its record sales. Close to shops, metro and public parking, this mixed-use building enjoys a prime location and unique development potential. A rare opportunity for investors and restaurateurs: restaurant operated through a company (share transfer possible), while the rest of the property is privately owned, offering flexible acquisition options. Estimated gross yield after works: ±6.2 %. Agency fee: 1.815 % VAT incl. payable by the buyer. Visits & information: Revimmo Brussels – +32 2 219 19 96 – info@revimmo.be

Specifications

Bedrooms3
Bathrooms1
Area362 m²
Year Built1910
EPC RatingF
ConditionTO_BE_DONE_UP
HeatingFUELOIL
Floors3

Source

immowebView original listing

Financial Overview

Yield

5.53%

Score

82 / 100

Estimated Rent

5,068 EUR/mo

Confidence

10%

Location Intelligence

Development Score

high (75/100)

Agent / Agency

Rêvimmo Brussels

Rêvimmo Brussels

Market Report

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