Residential building

Residential building Plainpalais

Built between 1919 and 1945, this residential building is built on a surface area of 153 m2 on a plot of 289 m2 and is located in the Plainpalais district.

Object data

- Year of renovations - 2009 / 2011
- Living space - Approximately 855 m2 of housing and 40 m2 commercial space
- Plot surface area - 289 m2
- Built surface - 153 m2

Distribution

- It is made up of 21 housing units and an office distributed as follows:

- Ground floor - 2 apartments and an office
- From 1st to 6th floor - 17 apartments
- On the 7th floor: - 2 penthouse apartments with terraces

Condition and renovations

- The stairwell and the elevator were renovated in 2009 and 2011
- The boiler room was renovated in 2022
- The windows are double glazed
- Waterproofing and insulation of the 6th floor balconies in 2018
- The kitchens of the apartments are arranged, even equipped for some
- The apartments are renovated when tenants change
- All leases are established for a period of 5 years and indexed
- Eco 21 lighting was installed in 2021
- Code at the front door
- Camera surveillance system

Financial datas

- Rental status as of 01/31/2024 - 334,392.- with rental margins
- Average charges - Around 23% excluding possible renovation costs
- Sale price - CHF 10,500,000.-
- Gross yield - 3.18%
- Sale in name