Investment property for sale
4950 Waimes
Discover an exceptional investment opportunity in Waimes with this spacious property located at Rue Géréon 23. Priced at €345,000, this large home presents a unique renovation prospect for those seeking a project with immense potential. Situated on a generous 1,226 m² plot, the property offers a substantial footprint that can be transformed into a stunning residential or multi-unit dwelling. The estate consists of a main building with multiple levels, including a cellar, a sizeable garage, and two distinct living units, each with their own facilities and generous room sizes. The existing layout features six bedrooms, two bathrooms, and ample living space across three floors, with a total heated surface area of approximately 262 m² according to the PEB report. Its solid structure from 1959, combined with its large land area and multiple rooms, makes it an ideal candidate for renovation or redevelopment. The interior features include a spacious kitchen of 17 m², two bathrooms, three toilets, and several sizable bedrooms ranging from 10 to 16 m². The property is primarily heated via oil, with a 6,000-liter tank, though electrical and fuel tank certifications are not currently compliant, indicating the need for updating to meet modern standards. Double-glazed wooden window frames are present on many windows for insulation. The estate's external features are equally impressive, with a south-west facing facade that maximizes sunlight exposure, and four exterior walls enclosing the grounds. The outdoor space includes parking facilities, with one indoor parking spot and three additional outdoor spaces, making it convenient for residents and visitors alike. The large garden and surrounding greenery further enhance its appeal as a private retreat or potential rental property. Located within Waimes, this property benefits from a quiet, verdant environment perfect for relaxing or developing into a high-value asset. While some updates are essential—such as electrical and fuel tank certifications—the property's considerable size and structure provide an excellent foundation for extensive renovation or redevelopment projects. With its favorable position and spacious layout, it appeals to investors or homeowners looking to create a customized residence or income-generating units. For those interested in exploring this promising opportunity further, appointments can be arranged through the GUYOT & CREMER notary office at ### This is a rare chance to acquire a substantial property with unlimited potential in the scenic setting of Waimes—an excellent investment in a peaceful and picturesque part of Belgium.