Description of the property

Multifunctional Investment Property in Neoclassical Style Near the Royal Domain of Laeken

Take a look at the VIRTUAL TOUR via the following link : https://vt8.eu/Leus_Pal400/floor0.en.html

Looking for a profitable real estate investment with multiple possibilities? This characterful income property, located in a quiet street near the Royal Domain of Laeken, offers a unique opportunity for investors. With multiple residential units, a versatile space, and a prime location, this property is ideal for combining living, working, and renting efficiently.

Layout

  • Front Building (Street Side)
    • Ground Floor: Office space (approx. 60 m²), easily convertible into an apartment (see simulation images). (Current potential rental price: €750/month)
    • First Floor: One-bedroom apartment (approx. 60 m²) with terrace. (Rental price: €880/month)
    • Second & Third Floors: Duplex apartment (approx. 80 m²) with two bedrooms. (Rental price: €930/month)
    • Electrical installation compliant for both apartments.
  • Rear Building (Approx. 200 m²) – Versatile Space
    • Three levels with a flat roof – ideal for a workshop, storage space, or residential unit. (Current potential rental price: €1,250/month)
    • Possibility to convert into a duplex loft (3 bedrooms) or 2 separate apartments (see simulation images).

Rental Income & Facilities

  • Total potential rental income in the actual state : €4,500/month
  • Four separate electricity and gas meters (installed before 2000)

Why invest in this property?

  • Multiple investment opportunities – ideal for living, working, and renting
  • Prime location in Laeken, close to green spaces, public transport, and amenities
  • Neoclassical architecture with authentic charm and modern possibilities

Interested? Contact us today to schedule a viewing and discover the full potential of this exceptional investment property!

Specifications

Characteristics

General

Habitable area (m²)
609.00m²
Soil area (m²)
190.00m²
Surface type
Brut
Plot orientation
West
Orientation frontage
East
Surroundings
Green surroundings
Near school
Close to public transport
Near park
Forest/Park
Access roads
Taxable income
€2170,00

Heating

Heating type
Central heating
Heating elements
Radiators
Heating material
Gas

Miscellaneous

Joinery
PVC
Super-insulating high-efficiency glass
Isolation
Undetermined
Warm water
Flow-through system on central heating

Building

Year built
van 1900 tot 1918
Amount of floors
3
Lift present
No

Basement

Entrance hall

Office

Atelier

Description
Warehouse : Possibility to convert into a duplex loft (3 bedrooms) or 2 separate apartments (see simulation images).
3 bedroom(s) possible

Flat, apartment

Description
Apartment with hall, livingroom, bathroom with WC & 1 bedroom + spacious terrace

Flat, apartment

Description
Apartment duplex with hall, livingroom, kitchen, bathroom and 2 bedrooms.

Bedroom

1 bedroom(s) possible

Bedroom

1 bedroom(s) possible

Bedroom

1 bedroom(s) possible

Bathroom

Bathroom

Terrace

Office

Kitchen

Kitchen

Kitchen

Other unit

Description
Offices

Flat, apartment

Description
Possible to transform space into studio - see projection
1 bedroom(s) possible

General

Protected heritage
No
Recorded inventory of immovable heritage
No

Energy & electricity

Electrical inspection
Inspection report - non-compliant
Utilities
Gas
Electricity
Sewer system connection
City water
Energy performance certificate
Yes
Energy label
D
Certificate number
20220310-0000607490-01-3
Calculated specific energy consumption
196

Planning information

Urban Planning Obligation
Yes
Save list
Ingeschreven
In Inventory of Unexploited Business Premises
No
Subject of a Redesignation Plan
No
Subdivision Permit Issued
No
Pre-emptive Right to Spatial Planning
No
Renovation Obligation
Niet van toepassing/Non-applicable
In water sensetive area
Niet van toepassing/Non-applicable
Close
Nicolas Neefs
Dirk Vermeulen
Rue des Palais Outre-Ponts 400 , 1020 Laeken