This apartment building with 6 residential units is located in a prime location at Zugerstrasse 70 in Unterägeri ZG, right in the village center. This highly attractive investment property offers great potential for investors. All apartments are currently rented, and thanks to the flexible usage options, the property is suitable both for rental as an income-generating 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 further 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 size is 936 m2. According to the zoning plan, the property is located in residential and commercial zone 3 with a floor area ratio of 0.80. The exact remaining exploitation potential 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 an oil heating system, whose technical lifespan is nearing its end. A contractually regulated successor solution for the future heat supply with the municipality or the Korporation Unterägeri is already in place. The property will be connected to the Unterägeri district heating network in the future and supplied with sustainably generated heat from the regional wood chip heating plant.
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 (staircase) 16m2
1st floor: - 1-room apartment 22m2
- 4.5-room apartment 85 m2 with balcony 9m2
- Ancillary rooms / circulation area (staircase) 15m2
2nd floor: - 5.5-room apartment 110 with balcony 9m2
- Ancillary rooms / circulation area (staircase) 8m2
3rd floor: - 4-room apartment 79 with balcony 16m2
- Ancillary rooms / circulation area (staircase + 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 return potential for capital investors
- Current target income of CHF 188,054 p.a., net income of CHF 98,700 p.a.
- Option for rental as an existing property
- Development potential as part of a core renovation
- 10x outdoor parking spaces, 2x single garages and 1x double garage
Interested? Contact us for a non-binding consultation!
