Discover a remarkable investment opportunity in the heart of Oostende with this fully rented residential complex, offered at €875,000. Located on Leffingestraat 158, this property presents an attractive mix of six identical apartments, a spacious warehouse, bicycle storage, and two garages, all situated on a plot measuring 219 m². Built in 1967, this well-maintained property is an ideal choice for investors seeking a steady income stream. The entire building is currently leased, providing a solid return with a 5% yield, making it a compelling addition to any real estate portfolio. The complex features six self-contained units, each comprising an entrance hall, living room, fully equipped kitchen, separate WC, two bedrooms, and a bathroom, with a balcony at the rear. The apartments have a total living space of approximately 70 m² each, ensuring comfortable living areas for tenants. The building benefits from multiple practical amenities that enhance its appeal. The electricity conforms to current standards, ensuring safety and compliance. Each apartment is heated individually via gas central heating, providing efficient warmth throughout the year. The windows are fitted with double glazing, offering good insulation and soundproofing for residents. The property is completely asbestos-safe and equipped with standard energy efficiency features, including a primary energy consumption of 178 kWh/m² per year. The infrastructure includes six bathrooms and six toilets, reflecting the property's design for multi-family occupancy. Outside, tenants can enjoy a balcony overlooking the rear of the property, while the building's external features include two façades and four floors. The complex also benefits from three garages, providing ample parking options for residents and visitors alike. Situated in a residential zone with urban development potential, this property offers not only immediate rental income but also future growth prospects. Its location in Oostende ensures access to the city's vibrant amenities, beaches, and transportation links. Although the area is potentially flood-prone, this factor is offset by the property's solid construction and comprehensive safety measures. Whether you are an experienced investor or looking to expand your portfolio in Belgium’s coastal region, this property provides an excellent opportunity to generate consistent revenue from a fully leased complex. Contact us today to arrange a viewing and explore the potential of this lucrative real estate asset in Oostende. Want to know more?
12
Bedroom(s)
70
m²
6
Bathroom(s)
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