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EXCLUSIVE yield building in Chêne-Bourg - yield of 4.57% gross

This building of mixed use, mainly residential, is a typical representative of constructions in the urban village belt of the mid-20th century.

The building is structured on four levels, offering three apartments of 2 to 4 rooms, a commercial arcade on the ground floor as well as a storage room in the basement.

Facing the courtyard, the building has a pleasant garden currently available to the ground floor accommodation.

Distribution of the building

Basement

- A large deposit of 28 m2 currently rented at CHF 275.- / month. ;
- Three cellars (one per home);
- A concierge room;
- A boiler room;
- A trash room.

Ground floor

- A 28 m2 commercial arcade overlooking a well-served street (north side), rented at the price of CHF 2,800.- / month;
- Access to the 4-room duplex occupying half of the ground floor and 1st floor of the building (South side), rented at the price of CHF 2,800.- / month;
- A large garden of approximately 155 m2 facing south allocated to the duplex.

1st floor

- A 2-room apartment with a surface area of 27.5 m2 (North side), is currently rented at the price of CHF 1,025.-/month;
- Night part of the duplex (South side);

2nd floor and attic

- A 4-room duplex rented at the price of CHF 2,091.- / month

Distribution of premises

The 4-room duplex on the garden level occupying the ground floor and the 1st floor is distributed as follows:

Ground floor

- A living room with access to the terrace and the garden;
- A kitchen.

1st floor

- Two bedrooms, one with access to the balcony;
- A bathroom with WC.

The two-room apartment on the 1st floor is distributed as follows:

- A large living room with kitchen;
- A bathroom with WC.

The duplex occupying the entire 2nd and 3rd floor is currently rented at the price of CHF 2,091.- / month and is distributed as follows:

2nd Floor

- A spacious living room with access to the balcony;
- A kitchen ;
- Room ;
- A shower room with WC.

3rd floor

- A mezzanine ;
- A bathroom with WC.

All lots in the building are currently rented.
The gross rental income of the building for the year 2023 amounted to CHF 86,340.-

Gross yield on acquisition: 4.57% annually.