Investment opportunity with achievable gross return of over 7%

At a glance

Description

Renovation as an opportunity for value enhancement In the heart of Huttwil, this exciting residential and commercial building presents itself as an interesting opportunity for investors, developers, and holders with a view to returns and long-term value enhancement. On the ground floor, there is a restaurant with a fully equipped kitchen. Additionally, an adjacent retail space offers further potential for use and can be rented separately according to needs or used, for example, as a sales area, office, or hair salon. Several apartments in need of renovation open up attractive possibilities for upgrading for the new owner. Vacant spaces can be specifically renovated and then repositioned at market-conformable rents. This can significantly increase the property's earnings potential. Particularly interesting is the additional development potential in the rear area of the plot, where another building volume of up to three floors appears to be feasible, subject to official review and approval. A major renovation and expansion, as well as comprehensive renovations, were carried out in 1994 and form an important basis for the current condition of the property. With an achievable gross return of over 7% , this property offers exceptional potential for investors who recognize opportunities and want to actively create added value. The following highlights are offered by this property: Achievable gross return of over 7% Attractive possibilities for value enhancement through renovation and repositioning Several apartments in need of renovation with upgrading potential Development potential in the rear building area with up to 3 floors Additional retail space with flexible potential for use Restaurant with existing kitchen on the ground floor Garages with space for up to 8 vehicles 4 outdoor parking spaces available Sunny location in the village center Seize this rare opportunity and let yourself be convinced of the uniqueness and potential of this exceptional property during a personal visit.

All characteristics

Location & surroundings