Investment property for sale - Turnhout RBU60920

This investment property for sale in Turnhout presents a unique opportunity for seasoned investors seeking a stable and profitable asset in a prime location. Located at Smalvoortstraat 47, this property comprises six fully rented apartments along with six designated parking spaces, making it an attractive offering for generating consistent rental income. With a total annual rent of €55,000, this estate demonstrates its potential as a reliable income stream. Built in 1975, the property has been maintained to ensure its continued appeal to tenants, with recent upgrades such as a new and insulated roof contributing to its overall value. The apartments each have separate utilities, simplifying management and further enhancing the desirability for tenants who appreciate independence and convenience. The presence of six garages complements the residential units, offering additional utility and potential revenue. The location of this property in Turnhout is particularly advantageous. Situated on a quiet street within walking distance of the city center, residents can enjoy easy access to a wide range of local amenities, including shops, schools, and public transport options. The neighborhood's infrastructure supports daily living needs, while its proximity to larger transportation routes ensures excellent connectivity to surrounding municipalities and major highways, notably the E34 route toward Antwerp and the Netherlands. This strategic positioning makes it highly attractive for tenants seeking both comfort and accessibility. Furthermore, the estate is situated in a residential zone designated for housing development, with no flood risk due to its location outside overstromingsgevoelig (flood-prone) areas. The property’s energy performance certificates show varied scores across several units, with primary energy consumption levels well within acceptable standards, although the electrical installation certification is pending renewal. This turn-key investment opportunity is immediately available for acquisition at the asking price of €935,000. The property benefits from straightforward management thanks to its fully leased status and inclusive utilities per unit. Its construction date, combined with recent roof renovations and its excellent location in Turnhout, makes it a compelling choice for investors looking to expand their portfolio with a dependable income-generating real estate. For those interested in further details or in scheduling a viewing, contacting a professional real estate agent is recommended to explore this promising opportunity in depth. This estate stands out as an ideal addition to any investment portfolio focused on Belgian real estate, offering both immediate cash flow and long-term appreciation potential.

* This text was generated using an artificial intelligence.

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