Rentable building with strong development potential in Châtel-Saint-Denis(FR)
Object PriceCHF 1,600,000.-
AvailabilityImmediate
Localisation
1618 Châtel-Saint-DenisCharacteristics
Reference
I-26-003
Availability
Immediate
Description
Text translated from french, see original
Original text in french, translate to English.
Rare opportunity for investor or developer
Located in a quiet and sought-after area of Châtel-Saint-Denis, this building offers both immediate rental income and significant potential for a complete transformation. Current
situation:
- 4 apartments fully rented
- 4 garages also rented
- Existing Net rental income: 54,720
Potential after transformation:
- Possibility to develop up to 10 apartments with elevator
- Creation of 7 additional parking spaces – Significant
optimization of the yield estimated at around 190,000 annual cash flow
Significant medium-term appreciation
This property represents an excellent opportunity for:
- Investor wishing to increase profitability – Developer looking for a large-scale project – Secure heritage development
Strategic location:
- Close to shops and amenities
- Quick access to major roads
- Near Vevey and Bulle
- Attractive living environment between city and nature
Person in charge:
Bemanna Ritchi
079 739 44 87
Located in a quiet and sought-after area of Châtel-Saint-Denis, this building offers both immediate rental income and significant potential for a complete transformation. Current
situation:
- 4 apartments fully rented
- 4 garages also rented
- Existing Net rental income: 54,720
Potential after transformation:
- Possibility to develop up to 10 apartments with elevator
- Creation of 7 additional parking spaces – Significant
optimization of the yield estimated at around 190,000 annual cash flow
Significant medium-term appreciation
This property represents an excellent opportunity for:
- Investor wishing to increase profitability – Developer looking for a large-scale project – Secure heritage development
Strategic location:
- Close to shops and amenities
- Quick access to major roads
- Near Vevey and Bulle
- Attractive living environment between city and nature
Person in charge:
Bemanna Ritchi
079 739 44 87