Development plot in top location in core zone 2

At a glance

Description

In the sought-after municipality of Regensberg (ZH), a excellently located plot of land is for sale, which is ideal for investors, general or total contractors. The 2,557 m² large parcel no. 949 is located in core zone 2, which allows for a variety of construction and use-related development opportunities, particularly for residential or mixed-use projects. Currently, a non-preservable building stands on the property, which can be demolished as part of a new development. There is no building application or permit, so there is full design freedom within the applicable building and zoning regulations. Calculations show that a sustainable rental income expectation of around CHF 485,600 per year appears realistic - assuming an utilization with around 1,664 m² of main usable floor area (HNF) and 28 underground parking spaces. The determined capitalization rate is 4.20%. Key evaluation figures: Market value (discounted land value): CHF 5,505,000 Income value in renewed condition: CHF 11,556,795 Real value (hypothetical): CHF 12,485,000 Potential sales revenue: CHF 16,190,000 Gross return (rental value): 4.20% The hypothetical development plans two multi-family houses with a total gross floor area (BGF) of 2,080 m² - corresponding to a utilization factor of 0.81, fully within the zoning regulations. The calculated construction costs (BKP 2-5) amount to around CHF 8.74 million. The discounted land value per m² is CHF 2,155, which further underlines the economic potential. Core zone 2 also allows for mixed uses, such as commercial offers on the ground floor, in addition to pure residential use. This is an additional advantage for flexible, location-specific development concepts. The location in Regensberg offers quiet residential quality near the Zurich agglomeration and is embedded in an attractive historic environment. In summary: The plot offers the rare opportunity to acquire a developable plot of land in a prime location with an existing demolition object and to build it according to one's own ideas. Thanks to the flexible usage possibilities and the attractive location, this investment represents an excellent starting point for return-oriented project developments. For detailed information, we are at your disposal.

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