Investment property completed in 2023 - 6 residential units with high-end amenities

Engel & Völkers is pleased to offer you this income-producing building of 6 residential units, completed in 2023. Built on a 1a39ca plot, the building, which has a vertical cadastre, represents an excellent investment opportunity. This opportunity is located in a quiet and central area of Bonnevoie in Luxembourg City, on a one-way residential street with little traffic. The 6-storey building (with basement) has a total floor area of approx. 484 m², and all floors are accessible via a panoramic lift. The building comprises 5 one-bedroom apartments with areas ranging between approx. 36.41 m² and 40.51 m², and a duplex of approx. 143.04 m² occupying the top two levels. The 5 apartments are laid out in the same way: entrance hall, living room with open-plan kitchen (LUBE brand), bathroom and bedroom, and are fully equipped with television, bed, sofa, built-in wardrobes, etc. These apartments benefit from terraces ranging from approx. 4.66 m² to 22.92 m². The duplex occupying the top two floors has private lift access and offers 5 bedrooms, 3 bathrooms, 1 living room with open-plan kitchen, 1 separate WC and 2 balconies/terraces with a total area of approx. 13.80 m². This duplex benefits from high-end equipment and finishes. Each unit has a private cellar with an area between approx. 4.50 m² and 5.29 m². Building equipment and features: energy class A/B, heat pump and underfloor heating, DHW and photovoltaic panels, mechanical ventilation (VMC), triple-glazed windows with aluminium venetian blinds, glazed lift by Orona, shared laundry room, refuse room, bicycle/pram room. The 5 apartments, all with a separate bedroom, are fully furnished and are currently rented for between €1,750 and €1,900 (plus approx. €275 in service charges). These are one-year leases. The duplex is currently used for private purposes but could be rented for approx. €4,000 plus about €410 in service charges. Contact us for more information about this investment opportunity in Luxembourg City.