Mixed building for sale
1340 Ottignies-Louvain-la-Neuve
Ideally located just a stone’s throw from the Douaire and the center of Ottignies, this investment property in Céroux-Mousty offers a rare opportunity for both investors and developers. The property currently consists of two units: a spacious commercial ground floor with excellent visibility, a 2-bedroom apartment on the upper floor, as well as several annexes, a garage, and a large private parking area. The entire property is currently rented, generating a total rental income of €3,070/month. Based on an asking price of €650,000, the property offers an immediate return of approximately 4.10%, calculated on 10 months of rental income. This property can be considered either: as a profitable rental investment with immediate income, or as a genuine real estate development project. Indeed, preliminary inquiries have already been made with the municipality regarding a complete redevelopment of the plot. A favorable opinion was received for the development of an apartment building of the R+2 + attic type, with the possibility of creating approximately ten units (subject to obtaining the necessary permits). Buyers remain, of course, free to carry out their own urban planning and zoning checks with the municipality. It should also be noted that several neighboring buildings in the area already feature a similar configuration. We are also willing to assist future buyers with their urban planning and administrative procedures in order to assess the full feasibility of the project. A rare opportunity in a highly sought-after area, combining visibility, strategic location, and exceptional development potential.
Open Immovlan