This apartment building with 6 residential units is located in the village center at Zugerstrasse 70 in Unterägeri ZG, in a prime location. This very attractive investment property offers great potential for investors. All apartments are currently rented out, and thanks to the flexible usage options, the property is suitable both for rental as an income property and for further development and the creation of new residential units as part of a comprehensive renovation.
The building dates back to 1949 and has been continuously renovated and developed. The apartment building has a full basement, which also houses the technical installations. The total building volume is 1,757 m³; the new building insurance value was estimated at CHF 1,641,054 as of December 23, 2022.
The total living area is approximately 383m2 and the plot is 936 m2. According to the zoning plan, the property is located in residential zone 3 with a floor area ratio of 0.47. The exact unused floor area must be checked separately under building law; however, there is generally development or expansion potential within the framework of the applicable zoning regulations.
The property currently still has oil heating, the technical lifespan of which is coming to an end. A contractually regulated successor solution for future heat supply is already in place with the municipality and the Korporation Unterägeri. The property will in future be connected to the Unterägeri district heating network and supplied with sustainably generated heat from the regional wood chip heating system.
List of residential units / floors:
Basement: - Ancillary rooms / cellar 86m2
- Garage 78m2
Ground floor: - 1-room apartment 22m2
- 4-room apartment 85m2
- Ancillary rooms / circulation area (stairwell) 16m2
1st floor: - 1-room apartment 22m2
- 4.5-room apartment 85 m2 with balcony 9m2
- Ancillary rooms / circulation area (stairwell) 15m2
2nd floor: - 5.5-room apartment 110 with balcony 9m2
- Ancillary rooms / circulation area (stairwell) 8m2
3rd floor: - 4-room apartment 79 with balcony 16m2
- Ancillary rooms / circulation area (stairwell + attic) 15m2
This properti offer is characterized by:
- Attractive and central location with good accessibility
- Popular and sought-after location in a well-maintained residential area
- Well-maintained overall condition
- Partially renovated or modernized in 2018
- Several residential units with versatile usage options
- Solid yield potential for investors
- Current target income of CHF 188,054 p.a., net income of CHF 104,688 p.a.
- Option for rental as an existing property
- Development potential as part of a core renovation
- 10x outdoor parking spaces
- 2x single garage and 1x double garage
Interested? Contact us for a non-binding consultation!
