Scoop: Commercial for sale in Turnhout with 5 bedrooms

This investment property consists of three separate apartments, all of which are currently rented out. As a result, you’ll enjoy an annual rental income of €28,116 starting from the date of purchase, representing a gross initial yield of 4.73% on the asking price. Built in 1961, but fully renovated in 2017.

The property is ideal for investors seeking stable cash flow, a limited risk of vacancy thanks to the distribution across three residential units, and an attractive long-term investment.

Layout
Apartment 1: cozy one-bedroom apartment with a deep garden.
Apartment 2: two-bedroom apartment with a terrace.
Apartment 3: spacious 2-bedroom apartment with an open living area and a sunny terrace overlooking the garden.

Highlights

✔ Fully rented—immediate rental income
✔ Three separate apartments
✔ Individual meters for water, gas, and electricity
✔ No property manager
✔ South-facing terraces
✔ Attractive investment with stable returns
✔ Located near the center of Turnhout, shops, schools, public transportation, and major access roads
✔ No elevator (no associated costs)
✔ Ground floor with large garden and garden shed

This investment property offers an excellent combination of immediate returns, stable rental income, and future appreciation potential. Thanks to the existing lease agreements, the new owner can immediately enjoy the rental income without having to search for tenants.