Schaerbeek

Brabançonne 114/116

995.000 €

Living surface 388 m2

8 rooms

4 bathrooms

18 photos

Characteristics of the property

General information

Price :

995.000€

City :

Schaerbeek

Type of property :

house

Year of construction :

1900

State of the building :

To be refreshed

Number of facades :

State of the building :

To be refreshed

Availability :

at the contract

Interior

Living surface:

388 m2

Kitchen Type :

fully fitted

Number of room(s) :

Room surface 1 :

19 m2

Room surface 2 :

10 m2

Room surface 3 :

19 m2

Room surface 4 :

10 m2

Room surface 5 :

20 m2

Number of bathroom(s) :

Elevator :

Energy

Heating Type :

gas

Description

Located at the corner of Place Dailly and Avenue de la Brabançonne in Schaerbeek, this ±388 m² mixed-use corner building offers exceptional visibility and an immediate return, fully tenanted with no structural vacancy.

The building comprises a ground-floor commercial unit (currently a bookshop) with a separate WC and back room, plus 4 two-bedroom apartments on the upper floors, including one under the roof (registered as accessory premises). Cellars in the basement. Street frontage of ±13 m.

Current rental income: ±€48,000/year, representing ±4.8% gross yield (±4% net). Rents are below market rate, offering progressive upside potential of up to ±€75,600/year (±7.5% gross / ±6.3% net).

Individual meters, sub-meters for water and individual gas boilers — straightforward property management.

Prime location: Meiser metro station ±600 m away, quick access to R21 and E40, easy street parking. High-demand rental neighbourhood.

Full investment file available on request.

Agency fee: 2% VAT excl., payable by the buyer.
Rêvimmo Brussels — 02/217.00.32 — brussels@revimmo.be