Garage for sale in Borgerhout

Three of the four floors of this excellently maintained parking building, located in Sint-Matheusstraat in Borgerhout, are offered for sale. This is an exceptional investment opportunity for those looking for a stable and immediately profitable yield property, combined with future-oriented and sustainable real estate in an urban environment where parking pressure remains structurally high.

The building comprises a total of 60 car parking spaces, 5 motor spaces and 1 practical storage space, strategically distributed over three levels. Access is via an automatic gate with remote control, providing convenience and added security for tenants. The efficient layout and good accessibility make the property particularly attractive to both private and professional users.

Currently, the property realizes an annual rental income of €80,640 and has a quasi full occupancy rate. This not only underscores the strong demand for parking in this neighborhood, but also offers a high degree of investment security and predictable cash flow. This translates into a gross initial yield of approximately 6.2%, which is competitive within this segment of real estate.

In addition, the electrical installation was recently completely renewed and is already prepared for the further rollout of charging infrastructure. This offers significant added value in light of the rapidly growing electric vehicle market. With the installation of charging stations on 20 to 30% of the pitches (approximately 12 to 18 units), the annual rental income could increase to approximately €93,800, with a potential return of approximately 7.2%. In addition, this investment could increase the market value of the property by an estimated 5 to 8%.

The strategic location, a short distance from the center of Antwerp and with easy access to the main approach roads, makes this property particularly interesting for a broad target group of users. In combination with the sustainable approach and possibilities for expansion in terms of energy and mobility, this building positions itself as an ESG-compliant investment with both immediate returns and significant added value in the medium and long term.