Investment property in public sale - Ardenne (Region)

This investment property located at Devant Menil 3 in Arbrefontaine offers a remarkable opportunity for buyers seeking a versatile real estate asset in a rural setting, yet conveniently positioned just 15 minutes from the E25 highway. Originally constructed in 1989 as an industrial building, the structure spans approximately 760 m² per floor across three floors and has been converted into a residential complex comprising 10 apartments or duplexes. These units vary in size, featuring between one and four bedrooms, and each benefits from access to either a terrace or a private garden. The property boasts a total of 20 bedrooms and includes nine bathrooms, one shower cabin, and eleven toilets, providing ample accommodation options. Additionally, there are spacious attics suitable for further development and garages covering the entire footprint, with six indoor parking spaces complemented by six outdoor parking spots. The entire site covers a generous 3,111 m² with both communal and private gardens, along with a dedicated parking area. The building currently has five units occupied and is sold at the price of €270,000. It is important to note that the property requires renovation work to bring it up to current standards, as the initial urban permit only allows for four residential units, while there are ten units present. The heating system relies on a communal oil boiler with a capacity under 3,000 liters, water is supplied from a shared well, and although each apartment has separate electric meters, the electrical setup is not compliant with regulations. Prospective investors should carefully review the first 12 pages of the conditions document outlining specific requirements and restrictions before proceeding. The property benefits from double-glazed windows and connection to municipal sewage systems. The cadastral income is listed at €4,026, and the building’s specific primary energy consumption stands at 730 kWh/m²/year according to its EPC certificate. Set in the peaceful environment of Arbrefontaine, this property balances countryside tranquility with accessibility to major transport routes, making it suitable for those interested in a multi-unit residential investment close to Flanders’ road network. Immediate availability ensures that interested parties can initiate their plans without delay. Given the scale of the property and its potential for adaptation or redevelopment subject to permits and renovation work, this estate represents a unique proposition within this region. For further information or to schedule a visit, please contact us promptly to explore all possibilities this distinctive investment has to offer. Want to know more?

This exceptional investment property, currently offered in public sale for €250,000, is located at Rue du Tricointe 30 in Yvoir. Presented as a manor-style building with a remarkable potential, it has been previously adapted for use as a retirement home. The property extends over a total land area of 2,187 m² and offers an impressive interior layout including 18 bedrooms distributed over multiple floors. The basement, accessible at garden level from the front façade, features former fully tiled cellars now largely converted into living spaces such as an office, a lounge, and storage rooms. On the ground floor, a spacious front entrance hall leads to large reception rooms, a kitchen, an office, and three bedrooms each equipped with sanitary facilities. An internal elevator and staircases connect all floors, adding to the functional design of this expansive property. On the upper levels, the first floor comprises a night corridor, eight bedrooms each with private sanitary facilities, and a shared bathroom. The second floor, situated under the roof, also includes a night corridor accompanied by seven bedrooms and another common bathroom. Heating is provided through an oil system, and the property is connected to the municipal sewage system. Available immediately upon deed transfer, this property is not currently rented and has no preemptive rights attached. The energy performance certificate indicates a specific primary energy consumption of 356 kWh/m²/year. While certain certificates such as for electrical installations and fuel tanks are not available, the presence of an elevator enhances accessibility throughout the building. The exterior grounds offer a large park area complemented by terraces and a front porch, along with structural work which remains open for the development of annexes as part of future projects. This unique opportunity in Yvoir combines extensive interior space with a substantial plot size, suitable for various investment purposes. Interested parties are encouraged to contact the seller promptly to discover the full potential of this remarkable manor-style building offered at the competitive price of €250,000. Do not miss the chance to explore this distinctive property and capitalize on its excellent location and versatile layout. Want to know more?