Situation
The building is located in Geneva, on the banks of the Arve River in the municipality of Carouge, between the Fontenette Bridge and the Carouge Bridge. Just 1,500 meters from the Geneva University Hospitals and Geneva-Champel train station, it is easily accessible by public transport.
Access is also easy by car since there are no fewer than 5 private or public car parks within a 600m radius.
The commercial premises (for sale)
The commercial premises measure 277.8m² ppe and have a net rental area of 224.36m². The west facade is completely unobstructed and benefits from excellent natural light.
The arcade floor is covered with a floating wooden slatted floor. False ceilings cover the area, with light fixtures integrated into them. The area is heated with radiators. The area is partitioned into several spaces, each dedicated to medical consultation.
Exploitation
The rental status as of October 31, 2024 was CHF 117,612.-/, CHF 9,801.-/month and CHF 524.21/m2/year.
In addition to the rent, the current tenant pays utilities of CHF 10,140/year, CHF 845/month, and CHF 45.20/m2/year. These include heating, water, and incidentals.
The lease contract started in January 2012, the medical practice has a well-established business.
The gross yield is 3.92% and the net yield is 3.62%.
The building (Co-ownership)
A former industrial flour mill built in 1899 by the miller Jules Sylvant, the building is characterized by a two-level base whose corners and frames alternate red bricks and white stones.
In 1998, the building was transformed into a residential building as part of a Neighborhood Location Plan (PLQ).
The complex, which is divided into co-ownership, is used for residential and commercial activities in the tertiary sector. According to the distribution schedule dated 2018, four of the eight PPE lots have a commercial use.
The co-ownership is in very good condition, the renovation fund as of 31.12.23 was CHF 118,419.-
The building is located in Geneva, on the banks of the Arve River in the municipality of Carouge, between the Fontenette Bridge and the Carouge Bridge. Just 1,500 meters from the Geneva University Hospitals and Geneva-Champel train station, it is easily accessible by public transport.
Access is also easy by car since there are no fewer than 5 private or public car parks within a 600m radius.
The commercial premises (for sale)
The commercial premises measure 277.8m² ppe and have a net rental area of 224.36m². The west facade is completely unobstructed and benefits from excellent natural light.
The arcade floor is covered with a floating wooden slatted floor. False ceilings cover the area, with light fixtures integrated into them. The area is heated with radiators. The area is partitioned into several spaces, each dedicated to medical consultation.
Exploitation
The rental status as of October 31, 2024 was CHF 117,612.-/, CHF 9,801.-/month and CHF 524.21/m2/year.
In addition to the rent, the current tenant pays utilities of CHF 10,140/year, CHF 845/month, and CHF 45.20/m2/year. These include heating, water, and incidentals.
The lease contract started in January 2012, the medical practice has a well-established business.
The gross yield is 3.92% and the net yield is 3.62%.
The building (Co-ownership)
A former industrial flour mill built in 1899 by the miller Jules Sylvant, the building is characterized by a two-level base whose corners and frames alternate red bricks and white stones.
In 1998, the building was transformed into a residential building as part of a Neighborhood Location Plan (PLQ).
The complex, which is divided into co-ownership, is used for residential and commercial activities in the tertiary sector. According to the distribution schedule dated 2018, four of the eight PPE lots have a commercial use.
The co-ownership is in very good condition, the renovation fund as of 31.12.23 was CHF 118,419.-