This exceptional investment property located at Leuvensebaan 36A in Schriek offers a unique opportunity for investors seeking a versatile and potentially profitable asset. Priced at €428,000, this property comprises multiple components including two leased commercial units, one residential apartment in need of renovation, and two garage boxes, all situated on a generous plot of 303 m². The estate’s strategic position in the heart of Schriek ensures excellent visibility and accessibility, making it an attractive location for both commercial and residential tenants. The property benefits from a solid construction dating back to 1948, with modern upgrades such as high-efficiency double-glazed windows and recent central heating systems, contributing to its overall energy efficiency and operational resilience. This diverse mix of spaces provides multiple income streams, with ongoing rental income from the two commercial units—currently functioning as an ice-cream shop and a fry shop—both fully leased and operational, ensuring immediate cash flow for discerning investors. The commercial spaces cover substantial areas of 60 m² and 69 m² respectively, each equipped with kitchens, customer areas, and sanitary facilities, making them ready for continued business operations or potential reconfiguration depending on investor needs. The residential unit, although vacant and requiring renovation, spans approximately 143 m² across two floors, including a private entrance, a spacious living area with kitchen space, a balcony, two sizable bedrooms, and an attic space suitable for storage or further development. The property also features two garage boxes, adding further utility and potential rental options for vehicle storage or other uses. Constructed in the post-war period, the building reflects traditional Belgian architectural characteristics while offering scope for modernization and enhancement to meet contemporary standards. The property’s energy profile is quite varied, with the commercial units holding energy labels B and D respectively, thanks to recent heating upgrades; however, the apartment currently has an energy consumption of 897 kWh/m² and is classified as F due to renovation requirements. Situated within a well-established residential and commercial zone, this estate benefits from favorable urban planning designations, with no overpopulation or flood risk concerns impacting the site. It is located in a non-flood zone, with minimal risk from intense rainfall areas, making it a secure and resilient investment. The property’s legal status is clear, with permits duly issued for its current use in a non-urbanized area not subject to any judicial or administrative recovery measures. Its proximity to essential services and local amenities enhances its appeal for future tenants or buyers. Whether you are looking for an immediate income-generating asset or an opportunity to develop a mixed-use property with potential value appreciation, this Schriek estate offers significant prospects. For further details or to arrange a viewing, interested parties are encouraged to contact us directly to explore this promising investment opportunity further.
* This text was generated using an artificial intelligence.
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