Commercial and residential property (± 378 sqm)

Duden Park – Mixed-use property with elevator offering a total built area of approximately ± 378 sqm and a facade width of ± 8m, situated on a 78-centiare plot.

It comprises a commercial space (± 183 sqm) distributed from the basement to the first floor (mezzanine) and a residential unit (± 195 sqm) from the 2nd to the 4th floor, including 5 bedrooms and 2 bathrooms.

Basement (± 74 sqm) : storage rooms and boiler room.

Ground floor (± 74 sqm) : entrance, client area, rear storage/laboratory with WC (± 20 sqm), and access to a small rear courtyard (± 4 sqm).

1st floor (mezzanine) : open to the front on the client area below, comprising laboratory and a separate WC.

2nd floor (± 50 sqm) : landing with stairs and elevator (± 7 sqm), street-facing living room (± 27 sqm), separate toilet, and fully equipped MIELE kitchen (± 10 sqm) overlooking the courtyard.

3rd floor (± 50 sqm) : landing with stairs and elevator (± 7 sqm), master bedroom facing the street, bathroom, and an additional rear-facing bedroom.

4th floor (± 50 sqm) : landing with stairs and elevator (± 7 sqm), two street-facing bedrooms, one rear-facing bedroom, and a shower room.

Net yield: 5.6%. Price : €625,000 (all fees included) (€545,000 x 14.5%). Annual rental income: €35,000 (€3,500 monthly rent x 10 months).

EPC certificate D for the residential unit. No PEB required for the commercial unit (< 500 sqm).

Central gas heating via underfloor system.

Otis elevator serving the ground to the 3rd floor.

Renovation required to update the property to contemporary standards.

Cadastral income: €1,554.