Rental property with development potential in Biel
Living area425 m²
Object PriceCHF 1,185,000.-
AvailabilityTo agree
Localisation
2503 Biel/BienneCharacteristics
Reference
84f77ae533bcaef8190a741e664dcc73860ad1c9
Availability
To agree
Year of construction
1921
Latest renovations
2008
Ground surface
995 m²
Living area
425 m²
Description
Text translated from german, see original
Original text in german, translate to English.
This versatile property in Biel offers an exciting opportunity for forward-thinking investors, developers or homeowners. The existing multi-family house comprises several 3-room apartments as well as additional ancillary areas and numerous garages. Thanks to the existing structure, the property is suitable both as a classic investment property and for future repositioning or expansion.
The building has a certain need for renovation, which creates attractive opportunities for value enhancement. The current use can be optimized and adapted to today’s living needs.
With a plot area of around 995 m² and the existing construction reserve, this property offers long-term development potential in a sought-after urban environment. So there are no wishes left unfulfilled here. Benefit from this and convince yourself! This PREMIUM HOMES offer provides:
The building has a certain need for renovation, which creates attractive opportunities for value enhancement. The current use can be optimized and adapted to today’s living needs.
With a plot area of around 995 m² and the existing construction reserve, this property offers long-term development potential in a sought-after urban environment. So there are no wishes left unfulfilled here. Benefit from this and convince yourself! This PREMIUM HOMES offer provides:
- Multi-family house with several residential units
- Apartments with good basic structure
- 8 Garages as a stable source of income
- Outdoor parking
- Combination of cash flow and value appreciation
- Cheminée in all apartments
- Expansion and development potential
- Building reserve available
- Existing rental income available
- Attractive location in Biel
- Proximity to infrastructure and transport
- Interesting return potential after renovation
- Generous plot size of approximately 995 m²
- Net living area 360 m²
- Gross living area 425 m²
Conveniences
Outside conveniences
- Balcony/ies
- Parking
- Garage
Distances
Freeway
500 m




