Attractive investment property with 10 apartments & restaurant area
Living area269 m²
Object PriceCHF 3,050,000.-
AvailabilityTo agree
Localisation
Bözingenstrasse 164, 2504 BielCharacteristics
Reference
6996d123776359d95be06d16
Availability
To agree
Year of construction
1896
Latest renovations
2018
Number of levels for the real asset
5
Ground surface
430 m²
Living area
269 m²
Description
Text translated from german, see original
Original text in german, translate to English.
At Bözingenstrasse 164 in Biel/Bienne, a well-maintained, fully let 10-unit apartment building with a 5.09% gross yield is waiting to be sold. The property (built in 1896) was totally renovated in 2018 and impresses with its central location close to public transport, attractive ground floor use with a restaurant and kiosk, and a solid gross yield of 5.09%. Highlights
Fully let (100%) – stable income
Fully let (100%) – stable income
- Total renovation 2018: Kitchens, bathrooms, floors, electrical, facade, staircase, garage compartments
- Gross yield: 5.09% | Annual net rental income approx. CHF 155,520
- Price: CHF 3,050,000 | Available: on request
- Apartment building with 10 residential units on 5 floors
- Ground floor: Restaurant and kiosk
- Net living space approx. 269 m²; Usable space approx. 101 m²
- Land area approx. 430 m²; Building volume approx. 2,278 m³
- Technical features & condition
- Gas heating with heat distribution via radiators
- Very well maintained overall condition thanks to extensive renovations
- 8 individual garages
- Additional outdoor parking spaces
- Public transport stop directly opposite
- Shopping facilities within walking distance
- Biel Mett railway station approx. 963 m; A5 motorway junction approx. 1.6 km
- Central, urban city location with high demand for rental properties
Conveniences
Outside conveniences
- Parking
- Garage












