Building net yield 6%

21 Rue de France, Rue de France 21
House with flats • 633 m² • ref: 5daca0bd-40b8-11ee-926d-0a4bde28e6f6
AUD 2,369,805
Rental building with 7 apartments, 2 shops and 2 outdoor parking spaces
Welcome to the promotion of our charming building of 7 apartments, 2 shops and 2 outdoor parking spaces. Built before 1919, this historic building is in good condition and offers many possibilities for an investor looking for a property with high return potential.

The selling price is very attractive for such a property. In addition, a good margin of increase in yield is possible thanks to the renovation of the apartments. The current homes have retained their old charm and offer great potential for modernisation to meet current standards of comfort and safety. By investing in renovation, you could increase the rental yield significantly.

The building's occupancy rate is already at a high level of 86%. The apartments are therefore easily rentable and offer an excellent source of regular income. Both businesses also offer the potential for additional income for the investor.

In summary, this building of 7 apartments, 2 shops and 2 outdoor parking spaces is a magnificent opportunity for an investor looking for a property with a high return potential. With a renovation of the apartments, you could increase the rental yield and thus make a nice capital gain in the long term. Don't miss this unique opportunity to acquire this building. Contact us now to arrange a viewing


Spaces

Floors4
Parking lots (outside)1

Surfaces

Living633 m²
Amenities extracted by AI.
Parking

Rue de France 21, Le Locle

Proximities extracted by AI.
Shops