Building land
- 915 m2
Small but fine residential building land to create a replacement investment property
The single-sided apartment building from 1938 is located at a second depth in a small green oasis, which is protected by the sextet of buildings grouped around it. A relaxed enclave in the middle of a district that, with excellent connections to private and public transport, has rapidly developed into a popular residential area with many jobs, shopping and leisure opportunities.
The nine small apartments in the building are all rented and continue to generate a good net return. A look at the property, which is in dire need of renovation, and the potential of the large reserve of living space - the property is currently only 30 percent used - suggests that the time has come for a replacement building.
The property area of 915 square meters in zone W4 offers a maximum living space of up to 798 square meters. And this gives an investor a great opportunity to once again benefit from a solid return in the long term.
A free-standing and attached replacement building was examined using a feasibility study.
Estate:
• Well-located residential building land with an investment property ready for demolition
• In the heart of the booming Zurich-Seebach
• Pleasant and green location in a second building depth without visible traffic
• Current property with 9 apartments only 30% utilized
• In zone W4
• 915 m² plot area
Year of construction: 1938