Investment property for sale - Tournai VBD19297

This exceptional investment property located in Tournai offers a remarkable opportunity for discerning investors seeking a versatile and profitable asset. Priced at €550,000, this building boasts approximately 500 square meters of habitable space and is situated on a generous plot measuring 1,380 square meters, providing ample potential for both rental income and future development. The property comprises seven distinct units, each featuring a bathroom, living room, bedroom, and kitchen, making it an ideal multi-unit rental complex. Notably, two ground-floor units benefit from private outdoor spaces, enhancing their appeal, while a duplex unit adds additional diversity to the portfolio. The entire building has been excavated and includes access to rear gardens, which can serve as storage areas or bicycle parking. An auxiliary concrete structure divided over two levels provides approximately 200 square meters of unrenovated space, presenting a substantial opportunity for further rentability or conversion. The building's structural and technical features are noteworthy. It has a new roof insulated with rock wool and is equipped with a modern gas central heating system, including a boiler installed in 2024. Separately metered electrical systems ensure individual tenant billing, with all electrical installations conforming to safety standards. The property benefits from double-glazed wooden and PVC window frames and features a striking entrance with a glass canopy. All utilities are connected to the public sewer system, and the electrical consumption is specified with an energy performance certificate (EPC) issued on March 25, 2020. The property’s energy efficiency reflects an annual primary energy consumption of 288 kWh/m², positioning it well within current standards and offering potential for further optimization. Tournai’s strategic location at the city’s entrance enhances this property's attractiveness. It is conveniently close to a large free parking area and major highway links, facilitating easy commuting and accessibility. Although currently unrented at a monthly income of €2,400 (with some units vacant), the property holds significant rental potential, with projections exceeding €5,000 per month after renovation works. This combination of sizeable living space, structural integrity, and strategic positioning makes it an ideal choice for investors aiming to maximize rental income or develop the site further. With its substantial internal area, extensive outdoor space, and additional building potential, this property offers a rare chance to secure a profitable real estate asset in Tournai. Contact us today to explore this outstanding investment opportunity further.

* This text was generated using an artificial intelligence.

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