Apartment for sale in Bree with 4 bedrooms
€479,000
Is this feasible for you?
181
962
4
Description
New conditions - Authentic commercial property with spacious residence, garden, and strong investment return in the center of Bree.
This authentic commercial property with residence above is located in an excellent prime location in the bustling center of Bree, surrounded by successful commercial and hospitality businesses. Thanks to its strong visibility, easy accessibility, and parking options on the street, this property enjoys excellent commercial appeal.
The commercial space has a total area of approximately 838 m², consisting of a retail area (307 m²) and a very spacious warehouse (531m²), spread over the ground floor and an additional floor (172 m²). There is significant additional storage space, which has previously been rented out separately, creating additional income opportunities. Additionally, the property has a separate rear entrance through the garden, allowing for division, separate operation, or logistical use.
The spacious garden is a unique asset in the city center and offers potential for creating a restaurant terrace, making the property extra attractive for restaurant, brasserie, lunch, or B&B concepts.
The upper apartment of approximately 181 m², spread over two floors, has four bedrooms, a bathroom, a spacious living area, a kitchen with access to a large sun terrace, an attic space, and a separate entrance. The apartment has an EPC score of D and the electricity is compliant, making it immediately rentable without worries.
The property offers an attractive current net yield of approximately 4.16%, based on a rent of €1,450/month for the commercial space and €750/month for the apartment. By optimizing the rental prices, the net yield can increase to approximately 5.95%, based on €2,000/month for the commercial space and €1,150/month for the apartment. The commercial space is currently vacant and immediately available at the time of the deed, providing flexibility for personal use or re-rental at market-conforming conditions.
Advantages:
-Current net yield: ± 4.16%, potential net yield: ± 5.95%
-Commercial space immediately available
-Additional rentable storage space
-Separate rear entrance and garden
-Central location
-Apartment: EPC D & compliant electricity
-Authentic facade and characterful elements
The commercial space has a total area of approximately 838 m², consisting of a retail area (307 m²) and a very spacious warehouse (531m²), spread over the ground floor and an additional floor (172 m²). There is significant additional storage space, which has previously been rented out separately, creating additional income opportunities. Additionally, the property has a separate rear entrance through the garden, allowing for division, separate operation, or logistical use.
The spacious garden is a unique asset in the city center and offers potential for creating a restaurant terrace, making the property extra attractive for restaurant, brasserie, lunch, or B&B concepts.
The upper apartment of approximately 181 m², spread over two floors, has four bedrooms, a bathroom, a spacious living area, a kitchen with access to a large sun terrace, an attic space, and a separate entrance. The apartment has an EPC score of D and the electricity is compliant, making it immediately rentable without worries.
The property offers an attractive current net yield of approximately 4.16%, based on a rent of €1,450/month for the commercial space and €750/month for the apartment. By optimizing the rental prices, the net yield can increase to approximately 5.95%, based on €2,000/month for the commercial space and €1,150/month for the apartment. The commercial space is currently vacant and immediately available at the time of the deed, providing flexibility for personal use or re-rental at market-conforming conditions.
Advantages:
-Current net yield: ± 4.16%, potential net yield: ± 5.95%
-Commercial space immediately available
-Additional rentable storage space
-Separate rear entrance and garden
-Central location
-Apartment: EPC D & compliant electricity
-Authentic facade and characterful elements
Financial
Cadastral income
3.616 €
Cadastral info
72004 Bree 1AFD Sectie B
Availability
From deed
Building
Type of property
Apartment
Subtype
Duplex
Surface
181 m²
Terrain
Plot size
962 m²
Most recent urban destination
Residential area with a cult., hist. and/or aesthetic value
Orientation garden
South
Location
Public transport nearby
Yes
School nearby
Yes
Shops nearby
Yes
Layout
Number of bedrooms
4
Kitchen
Yes
Toilet
Yes
Comfort
Air conditioning
Yes
Electricity connection
Yes
Gas connection
Yes
Energy
EPC score (kWh/(m² years))
326
EPC label
D
Unique code EPC
20231211-0003067371-RES-1
Urban planning
Summons
No judicial remedial or administrative measure imposed
Building permit
Yes
Subdivision permit
No
Media & downloads
Virtual visit
https://my.treedis.com/tour/8fd63ed6
Location
Markt 17, 3960 Bree479.000 EUR
Markt 17
3960 Bree
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Monthly payments
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