Oud gasthuisstraat 5, 3080 Tervuren

Discover this unique opportunity for a solid real estate investment! A beautifully renovated, fully licensed, and well-maintained apartment building, strategically located in the bustling center of Tervuren. The building comprises 3 apartments, each with its terrace, and a garage with 2 parking spaces.

Ground floor:
General entrance hall with access to the garage, staircase to the upper floor.

Apt 1 - ground floor apartment:
Bright living room +/- 21m² with an open plan fitted kitchen, storage room +/- 2m, bathroom +/- 4m² (walk-in shower, double sink in furniture, and toilet), bedroom +/- 12m² with access to the terrace +/- 13m², hobby room of +/- 25m².
EPC B (148 kWh / (m² year)) - Asbestos-safe - Electricity is compliant.

Apt 2 - first floor: entrance hall +/- 3m² with separate toilet and laundry room +/- 2m², spacious living room +/- 46m² with an open plan fitted kitchen, bathroom +/- 3,5m² (shower in bath and sink in furniture), 2 bedrooms +/- 16m² and 14m² with access to the pleasant terrace +/- 23m² and the veranda +/-16m².
EPC B (157 kWh / (m² year)) - Not asbestos-safe, but only garden wall coping to remove - Electricity is compliant.

Apt3 - second floor:
entrance hall +/- 3m² with separate toilet +/- 2m², spacious living room +/- 48m² with an open plan fitted kitchen, bathroom +/- 5m² (shower in bath, sink in furniture, and all connections for a washing machine), 2 bedrooms +/- 12m² and 16m², terrace +/- 7m².
EPC E (444 kWh / (m² year)) - Asbestos-safe - Electricity is compliant.

Other information: Individual meters for gas and electricity, intermediate meters per apartment for water consumption, P- and G-score: B.

There is a renovation obligation for the apartment on the second floor, which can be quickly improved by insulating the flat roof.

Articles of Association already present - possibility of separate sale of the apartments.

All apartments are rented and managed by Ifac service to very reliable tenants and have a joint monthly rental income of €2,942.10, contributing to an attractive net return of 3.25%.

This excellent investment property is definitely worth a visit!

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