Investment property for sale - Deurne RBU26695

This investment property for sale in Deurne presents a compelling opportunity for discerning investors seeking a strategic location with consistent rental income. Situated at Te Couwelaarlei 93, this garage complex spans approximately 1,520 square meters and is strategically positioned within a high-demand area, ensuring strong rental potential. The complex comprises three levels—ground floor, first, and second floors—and features an automatic gate that enhances security and ease of access. Currently, there are 50 parking spaces leased out, with the ground floor spaces rented at €115 per month and those on the first and second floors at €85 per month. Additionally, the complex offers 10 bicycle spaces rented at €10 per month and three motorcycle parking spots at €25 per month. These arrangements generate a total annual rental income of approximately €57,000, excluding VAT. The property’s management demonstrates promising growth potential, with a waiting list of around 20 interested tenants, highlighting the ongoing demand for parking facilities in this area. The garage benefits from its own utilities—no shared costs—and boasts a recently renewed roof as of 2023, minimizing maintenance expenses in the immediate future. Furthermore, there are numerous opportunities for expansion, such as converting part of the ground floor into warehouse space, which could further elevate the property's revenue-generating capacity and overall value. The property is offered at a competitive price of €825,000, with no VAT applicable, making it an attractive option for investors looking for stable cash flow and long-term appreciation. The complex is in excellent condition, ready for immediate occupancy or continued leasing, and benefits from a well-maintained infrastructure that reduces overhead costs. Its location in Deurne ensures easy access to essential transportation links and urban amenities, making it an appealing site for current and prospective tenants alike. Whether you are interested in expanding your existing portfolio or seeking a reliable income-generating investment, this garage complex provides an excellent opportunity to secure a profitable asset in a vibrant area. Interested buyers are encouraged to act promptly to capitalize on this promising investment—contact us today for further details or to schedule a visit.

* This text was generated using an artificial intelligence.

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