Sale of 20 PPE lots – Saint-Jean neighborhood
Localisation
Saint-Jean, 1203 GenèveCharacteristics
Number of parkings
Description
Rental property – Geneva Rare residential asset in the heart of a sought-after urban district
Located in a established, dense and well-connectedGeneva district, these 20 residential apartments and 13 parking spaces offer an attractive yield and a sought-after urban environment, appreciated for its immediate proximity to the city center, public transport, the train station, shops and major roads, while maintaining a stable and long-term residential atmosphere.
A location that will continue to attract tenants and secure long-term income.
Key figures for the building
- 8-storey building + basement
- 20 residential apartments
- 13 parking spaces in the basement
- Total share: 426.15 thousandths
- Total SIA volume of the building: 13,130 m³
- of which basement of the building: 3,190 m³
- Ground area of the plot: 1,412 m²
- Ground area of the building: 563 m²
- Surface area of the lots (with balconies)
- 9 × 3-room apartments – approx. 62 m² = 558 m²
- 6 × 4-room apartments – approx. 77 m² = 462 m²
- 5 × 6-room apartments – approx. 115 m² = 575 m²
- Total: 1,595 m²
A diversity of surface areas particularly appreciated on the Geneva market, allowing for a wide range of tenants (couples, families, executives).
Basement – Complete infrastructure
- Underground parking
- Common laundry room
- Bike storage
- Container storage
Technical condition & maintenance
The building has been the subject of regular monitoring and constant investment, guaranteeing excellent technical visibility for an investor:
- Collective gas heating (boiler room located in a neighboring building)
- Granite facades replaced in 1997
- Wooden painted windows, double glazing, replaced in 2012
- Terraces and roofing refurbished in 2009
- Renovation fund:
Between 2022 and 2025, CHF 830’000.- were invested for co-ownership work, namely replacement of the downpipes, nursery room and removal of the rubbish chute.
A reassuring history of work, limiting the risk of CAPEX in the short and medium term.
Rental performance
- Rental income gross:
CHF 490’000.- / year (apartments + parking)- Apartments CHF 459,996.-
- Parking CHF 30,004.-
- Charges: approx. 18 % – CHF 88’200.-
- Rental income net:
CHF 401’800.- / year - Number of rooms: 81 for all apartments
- Average per room to date: CHF 5,670.- (excluding parking)
- Gross yield: 4.10%
- Net yield: 3.85%
Why this asset is an investment opportunity
- Strategic and sustainable location in Geneva
- Residential building fully let
- Types of apartments with balconies in demand
- Major work already carried out
- Solid and transparent net income
- Ideal asset for institutional or private investors
- Attractive yields
Complete file, plans, detailed rental income statement and additional information available on request.
A building that combines security, yield and potential for the property market in one of the strongest real estate markets in Switzerland.
Conveniences
Neighbourhood
- City centre
- Park
- Green
- Shops/Stores
- Shopping street
- Bank
- Post office
- Restaurant(s)
- Pharmacy
- Railway station
- Bus station
- Bus stop
- Playground
- Nursery
- Preschool
- Primary school
- Secondary school
- Sports centre
- Bike trail
- Theatre
- Concert hall
- Religious monuments
- Doctor
- Medical home
Outside conveniences
- Balcony/ies
- Terrace/s
- Rooftop terrace
- Garden
- Bench
- Quiet
- Fence
- Parking
- Garage
- Built on even grounds
- Gabled
Inside conveniences
- Wheelchair-friendly
- Lift/elevator
- Public parking
- Cellar
- Bicycle storage
- CP-Shelter
- Water softener
- Heating Access
- Double glazing
- Bright/sunny
- With front and rear view
Equipment
- Dryer
- Laundry
- Internet 1Gbit/s
- Optic fiber
- Interphone
- Code door
- Caretaker
- Electric garage door
- Fire alarm
- Sprinkler
- Ventilation
- Controlled ventilation
- Outdoor lighting
Floor
- Tiles
- Parquet floor
- Mosaic parquet floor
- Granite
Condition
- Very good
Orientation
- North
- East
Exposure
- Good
- All day
View
- Clear
- Park
Style
- Classic
Miscellaneous
- Not registered as Contaminated land
