Discover a promising investment opportunity in the heart of Turnhout with this versatile commercial property located at De Merodelei 21. Priced at €195,000, this property offers a strategic location with excellent visibility along the busy De Merodelei, complemented by a quieter rear section overlooking a peaceful internal garden. Built in 1990, the building features a total height of 5 meters, with two distinct units that can be easily separated, providing flexibility for various business models. The front space, approximately 60 m² plus mezzanine, and the rear space, approximately 77 m² plus mezzanine, each with their own entrance, can be split into two separate commercial units. This configuration allows for multiple income streams, whether through resale or rental, making it an attractive option for entrepreneurs or investors seeking a promising ROI. The property stands out not only for its adaptable layout but also for its excellent potential rental income, estimated around €1,500 per month given its prime location. The possibility of dividing the space into two units opens up further opportunities for specialized practices such as physiotherapy or medical clinics, especially considering the current demand from prospective tenants starting from October 2025. The building's features include a height of 5 meters, a front façade width of 6 meters, and a frontage of 11 meters on De Merodelei. With no renovation obligations, as indicated by its EPC classification of C, the property offers a straightforward investment path. Estimated renovation costs for the facades are around €35,000, after which each unit could be rented out for approximately €750 and €850 per month, generating a healthy return of about 6.5%. This is an excellent price point considering the potential income and strategic location. Turnhout’s dynamic environment enhances the appeal of this property, situated in a predominantly residential area with commercial potential. Its proximity to other businesses and accessible location make it ideal for various commercial uses, including retail or healthcare services. The building’s non-overstorming setting ensures security and peace of mind for future owners or tenants. With no obligations related to energy or accessibility upgrades currently required, the property presents an excellent investment opportunity with stable growth prospects. Whether you plan to develop it further or generate immediate rental income, this property warrants serious consideration. For more information or to arrange a viewing, contact us today to explore how this property can meet your investment goals.
* This text was generated using an artificial intelligence.
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