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Brabançonne 114/116
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Schaerbeek

Brabançonne 114/116

995.000 €

Living surface 388 m2

8 rooms

4 bathrooms

Characteristics of the property

General information

995.000€

Schaerbeek

house

1900

4

To be refreshed

2

To be refreshed

at the contract

Interior

388 m2

fully fitted

8

19 m2

10 m2

19 m2

10 m2

20 m2

4

no

Energy

gas

Description

SCHAERBEEK – Ideally located on the strategic corner of Place Dailly and Avenue de la Brabançonne, Rêvimmo Brussels presents this mixed-use building offering approximately 388 sqm, combining excellent visibility, secure income and strong value-add potential. The property comprises 6 levels with cellars in the basement, a ground-floor retail unit (currently a bookstore) with separate WC and rear room, and 4 two-bedroom apartments on the upper floors, including one under the roof (recognized as ancillary space). Corner building with a ±13 m façade, ensuring outstanding commercial visibility, currently fully rented with no structural vacancy. Current rental income of ±€48,000/year (±4.8% gross / ±4% net) with under-market rents allowing progressive reversion upon lease renewals, reaching a potential of ±€75,600/year (±7.5% gross / ±6.3% net), confirming the asset’s upside. Technical features include individual meters, water sub-meters and individual gas boilers, ensuring simple management. Character building dating from the early 20th century. Excellent accessibility with public transport nearby (Meiser station at ±600 m, quick access to R21 and E40) and easy street parking. A solid investment asset located in a high-demand rental area, ideal for investors seeking stability with immediate upside. Agency fee of 2% excl. VAT payable by the buyer. Full documentation available upon request – opportunity not to be missed. Info & visits: Rêvimmo Brussels.

Map

Avenue de la Brabançonne 114 - 1030 Schaerbeek

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