Real estate investment company with rental property in Kortrijk for sale

Company Share deal Other

Asking price €1,750,000.00

Financial data

Turnover / Revenue €66,937.00

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) €32,182.00

Fully Leased Investment Property in the Heart of Kortrijk

This fully leased investment property is situated in an excellent downtown location, close to Kortrijk’s Grote Markt. The building dates from 2007 and combines a commercial ground floor with six apartments spread across the upper floors.

The ground-floor commercial space has an area of approximately 82 m² and also includes a separate basement storage room of about 37 m². The space is currently leased to an established driving school under a commercial lease agreement.

On the first through fifth floors, there is one apartment on each floor, each measuring approximately 82 m². Each apartment includes an entryway, a bright living area, a kitchen, a practical storage room, a separate toilet, a bathroom, two bedrooms, and a balcony.

The sixth floor features a penthouse apartment of approximately 63 m², comprising a living area, kitchen, storage room, bathroom, separate toilet, and one bedroom. The standout feature of this residence is the spacious rooftop terrace of approximately 21 m².

The building has a passenger elevator that serves all floors. The basement also houses six private storage units, the utility meters, and a common hallway.

The building was constructed to be sturdy and durable, featuring a concrete frame, a facade finished in natural stone and glass panels, aluminum exterior window frames with double glazing, and natural gas-fired central heating for the apartments. The apartments offer a functional layout and contemporary living comfort.

Thanks to its central location, excellent transportation links, and the combination of residential and commercial rental income, this building represents an attractive investment with good risk diversification. Shops, restaurants, public transportation, schools, and all urban amenities are within walking distance.

A solid and immediately profitable real estate investment in a sought-after location in the center of Kortrijk.

Real estate included

Fully Leased Investment Property in the Heart of Kortrijk This fully leased investment property is situated in an excellent downtown location, close to Kortrijk’s Grote Markt. The building dates from 2007 and combines a commercial ground floor with six apartments spread across the upper floors. The ground-floor commercial space has an area of approximately 82 m² and also includes a separate basement storage room of about 37 m². The space is currently leased to an established driving school under a commercial lease agreement. On the first through fifth floors, there is one apartment on each floor, each measuring approximately 82 m². Each apartment includes an entryway, a bright living area, a kitchen, a practical storage room, a separate toilet, a bathroom, two bedrooms, and a balcony. The sixth floor features a penthouse apartment of approximately 63 m², comprising a living area, kitchen, storage room, bathroom, separate toilet, and one bedroom. The standout feature of this residence is the spacious rooftop terrace of approximately 21 m². The building is equipped with a passenger elevator that serves all floors. The basement also houses six private storage units, the utility meters, and a common circulation area. The building was constructed to be sturdy and durable, featuring a concrete frame, a facade finished in natural stone and glass panels, aluminum exterior window frames with double glazing, and natural gas-fired central heating for the apartments. The apartments offer a functional layout and contemporary living comfort. Thanks to its central location, excellent transportation links, and the combination of residential and commercial rental income, this building represents an attractive investment with good risk diversification. Shops, restaurants, public transportation, schools, and all urban amenities are within walking distance. A solid and immediately profitable real estate investment in a sought-after location in the center of Kortrijk.

Location: Kortrijk, West-Vlaanderen
Legal form: Company
Number of employees: 2
Active since: 2005
Real estate included: Yes
Translated from: Dutch
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Dewaele

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