Investment property for sale - Eeklo RBT02517

Located at Markt 63 in the heart of Eeklo, this versatile investment property presents a unique opportunity for investors seeking a fully leased, mixed-use building. Priced at €590,000, the property features a commercial space on the ground floor currently operating as a sushi restaurant, complete with a terrace and sanitary facilities. The central location ensures excellent accessibility, surrounded by shops, schools, and public transport options, making it an attractive destination for both tenants and customers. The upper floors consist of two spacious apartments and a studio, providing a total of five bedrooms. Each apartment offers a bright living area, an open kitchen, two bedrooms, a bathroom, and an independent toilet. Both apartments enjoy the added benefit of private terraces at the rear of the building. The top-floor studio includes a similar layout with additional terracing space. The entire property is leased, generating a monthly rental income of €2,915, translating to an annual return of €34,980. This results in a gross yield of just under 6%, highlighting the property's investment potential. Constructed in 1992, the building spans three floors and includes an elevator for easy access. Though the electrical installation certificate does not meet current standards, the property's energy performance is marked with an EPC rating of 290 kWh/m²/year, valid until June 2033. The building is not located in a flood-prone area and benefits from a southwest-oriented garden, providing ample outdoor space. This property represents a solid investment with continuous rental income and the potential for future enhancement through renovation.

* This text was generated using an artificial intelligence.

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