Apartment for sale with 12 bedrooms

Apartment for sale

6041 Gosselies

Discover a unique investment opportunity in Gosselies with this impressive apartment for sale, priced at €600,000. Located at Rue de Namur 54 within a strategic position close to the center of Gosselies, this property offers a substantial potential for development and rental income. The property comprises a building with 12 units, including 7 studios and 5 apartments, all currently non-operational but presenting significant renovation opportunities. The building has previously been subject to a fire safety closure order, indicating the need for compliance upgrades, which provides an excellent chance for investors or developers to customize the property to their specifications and increase its value. The current gross annual rent of €70,200 reflects an attractive gross yield of approximately 8.5%, making it a compelling proposition for those seeking to enhance their portfolio with a high-yielding asset. The property features a total living area of approximately 620 square meters and includes multiple units that are currently vacant and in need of renovation. These units offer the potential to increase rental income upon refurbishment, making the investment even more attractive once upgrades are completed. The building's infrastructure includes part of the heating system powered by fuel oil and part by natural gas, with PVC double-glazed windows enhancing energy efficiency. The roof has been partially renewed with sandwich panels, while some sections are still covered with traditional tiles, approximately 15 years old. The energy performance certificate (PEB) ranges between classes C and F, with specific certificates available upon request, ensuring transparency about the property's energy profile. These features collectively suggest a robust foundation for further development, subject to necessary compliance and renovation work. Situated in Gosselies, this property benefits from proximity to local amenities and the vibrant urban environment of the region. Its strategic location combined with the significant redevelopment potential makes it an ideal choice for investors seeking to maximize rental yields or developers interested in transforming the space into a modern residential complex. With two units currently unoccupied and awaiting renovation, there is scope for immediate improvements that could substantially boost profitability. This opportunity is presented at a competitive asking price of €600,000, contingent upon the acceptance by the owners. Interested parties are encouraged to contact the agent for further information or to arrange a viewing, as this property represents a promising project with considerable future value.