SAINT-JOSSE-TEN-NOODE

Property One offers an investment building in Madou, located on the Brussels inner ring road, close to all amenities. It consists of a ground floor Horeca (catering) space with its kitchens in the basement. The five floors each include five bedrooms, a shared kitchen, and a bathroom with two communal showers. The top floor has convertible attic space. The building has several cellars. A regularization is required with urban planning, with the possibility of converting it into 7 additional housing units besides the Horeca space. Currently, a net yield of 5.3% is achieved without considering the rental income from the commercial ground floor, and 7% net with the rented business included. An excellent investment opportunity! Surface areas are given for indicative purposes, and the information in the advertisement is non-binding.