Investment property for sale - Jette RBU28867

Discover a unique investment opportunity in the vibrant district of Jette with this versatile property located at Place de l'Ancienne Barrière 3. Priced at €730,000, this well-positioned asset offers a compelling blend of stability and growth potential, making it an ideal choice for investors seeking to expand their portfolio in Brussels. Constructed in 1953, this building provides a total commercial surface area of approximately 136 square meters, complemented by four one-bedroom apartments, each offering promising rental income prospects. The property features a substantial ground-floor commercial space of about 140 square meters, along with a practical underground storage area, making it suitable for various leasing options. Although the building currently does not have an elevator, and the apartments hold a D, F, G energy performance certificate (PEB), significant renovation work is recommended to enhance energy efficiency and overall comfort. This presents an excellent opportunity for investors to customize and modernize the units, thereby increasing their value and rental yields. Situated in a strategic location within Jette, this property enjoys proximity to essential amenities and transport links that ensure ongoing demand for rental accommodations. The nearby public transportation network facilitates easy commuting to central Brussels and beyond, while the surrounding green spaces such as Dielegembos provide a pleasant environment for residents. The presence of renowned hospitals like UZ Brussel and Brugmann further supports the steady rental demand and long-term value of this asset. Despite its current condition requiring renovation—particularly regarding energy certification and interior finishes—the building's potential remains substantial. Its current net yield is approximately 4.4%, with the possibility of further growth since one apartment is presently vacant, providing immediate scope for increased rental income following refurbishment. This property not only offers practical benefits as a stable income generator but also presents a strategic chance for investors interested in modernizing and optimizing their real estate holdings in Brussels. The building's structural integrity and location make it a sound investment, with room for value enhancement through renovation projects. For those looking to capitalize on the growing rental market in Jette, this property embodies a compelling combination of affordability, location advantages, and development potential. To explore how this opportunity can fit into your investment strategy, contact us today to arrange a viewing or to receive further details. With the right renovations, this asset can be transformed into a highly profitable addition to your real estate portfolio, offering both immediate returns and long-term appreciation in one of Brussels’ most promising districts.

* This text was generated using an artificial intelligence.

Show all Show less