Multi-purpose building to buy

Allten offers the sale of shares in a real estate company located in the heart of Forest. The asset consists of a building comprising 2 large high-end duplexes, 2 office floors, and several parking spaces. The building is situated on Avenue Reine Marie-Henriette, between Forest Park and Duden Park.

The building offers a surface area of 1,254 m² on a plot of land measuring +/- 2,340 m² and is fully leased. The annual rental income amounts to EUR 131,000.

The transaction involves 2 plots: buildings n°101 (1980) and n°102 (1994), which are interconnected. Constructed by Editions Ciné Télé Revue. PRAS zoning: predominantly residential area. Total land area: 2,340 m².

Ground floor and 1st floor: 545 m² of offices (access via 101), with a garden, terrace, 2 indoor parking spaces equipped with a charging station, and an elevator. Addition of 2 private indoor parking spaces for the duplex at 102.

2nd and 3rd floors: residential section. A 363 m² duplex with 4 bedrooms, 2 bathrooms, and 1 shower room (access via the office entrance at 101, plus 2 covered parking spaces and an elevator). A 255 m² duplex with 3 bedrooms, 1 marble bathroom, and shower room (private access at 102, private elevator, and 2 covered parking spaces).

Basement: cellar and 4 indoor parking spaces for offices and duplex 101. 2 outdoor parking spaces.

Technical aspects: apartments with EPC C- and D+. Elevator 101 replaced in 2018, elevator 102 in 2020. Window frames replaced in 2016. Individual meters, 2 gas boilers (2020) for the duplexes. Offices (ground and 1st floor): heat pump connected to the common meter with the elevator of 101.

Contact Allten for more information and to arrange a viewing.