This building enjoys a very nice location. Indeed, it is located on the edge of a cantonal road.
Currently, the property is composed of a majority of commercial leases and two residential leases.
The housing could be reassigned to offices, the yield would be very little changed, from 4.64% to 4.58%. This is of course an estimate, but it seems quite realistic.
The building could therefore be presented as 100% commercial, thus meeting a requirement made by some customers.
It should be noted that the LPPPL does not apply, as only two residential dwellings are concerned.
It is recent (about 10 years old), in very good condition and well maintained.
It is composed of:
- apartments;
- commercial premises; and
- several parking spaces.
Current rental status: CHF 246,480.--/year
Gross Return: 4.79%
Net Return: 4.53%
Gas heating.
Contact: Maurizio Pellitteri
078 943 06 68
