Discover a promising investment opportunity in the vibrant city of Antwerp with this well-positioned property located at Hof ter Bekestraat 47, in the highly sought-after area between the Brederode, Markgrave, and the Harmoniewijk districts. Priced at €650,000, this asset presents an attractive prospect for investors seeking stable rental income and potential for future development. The building has been fully renovated to modern standards, offering a diverse range of units that cater to various tenant needs. Its impressive composition includes two studio apartments of approximately 28 m² each, one with a courtyard, as well as several larger units: two 70 m² two-bedroom apartments and a 45 m² one-bedroom apartment. Currently, the monthly rental income totals approximately €4,038, translating into an annual revenue of €48,456, which underscores its immediate income-generating potential and sustainable cash flow. Situated in a central yet accessible location, this property benefits from excellent connectivity and proximity to essential amenities. The surrounding neighborhood boasts a vibrant mix of shops, public transport options, and main roads, ensuring high tenant demand and ease of access. The building’s current layout includes five separate units, providing a diversified income stream. Although the present configuration does not conform entirely to current urban planning permits, there is an existing authorization to reconfigure and develop the property into three larger and more spacious residential units. This offers significant opportunities for value enhancement and optimization through redevelopment plans, promising increased appeal and rental yields in the future. The property’s EPC rating is 273 kWh/m², with energy performance scores of C for both P-score and G-score, indicating reasonable energy efficiency within the current framework. This property’s features extend beyond its financial appeal; it also benefits from a strategic location in a resilient and desirable residential district. With a total ground surface of 62 m² and no balconies or outdoor spaces, the building's primary allure lies in its potential for renovation and redevelopment. The property’s legal status is clear, with no overflows or environmental issues impacting its usability or value. It is not situated in a flood-prone area and is classified within the residential zone designated for urban development, making it suitable for further investment or renovation projects. This offers a compelling chance for buyers or investors to acquire a versatile asset with immediate income and future growth potential. For those interested in expanding their portfolio in Antwerp’s thriving real estate market, this investment property represents an excellent opportunity to secure a valuable asset that combines location, renovation potential, and strong rental returns. Contact us today to schedule a viewing or discuss how this property can meet your investment objectives.
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