Revenue property at Marnix Place with 4 units

Yield property on Marnixplaats, in the heart of coveted Antwerp South. Top location with strong and stable rental market, excellent accessibility and permanent demand, ideal for investors aiming for direct returns.

The building (cadastral: Building) consists of 4 rental units and has been well maintained over the years. All units are leased to stable tenants, ensuring immediate returns from deed.

Rental income: €3,336/month - €40,032/year. Net income: ± €36,850/year. This results in a gross return of approx. 5.85% and a net return of approx. 5.38% on the asking price.

Urban planning: the top floor was realized in the past without a permit, for which a PV was drawn up. There is also no permit for the subdivision into 4 residential units, although historically the property was so arranged and rented out. Buyer is expected to make independent inquiries about this.

Interesting investment opportunity with stable returns in a prime location in Antwerp South.