Renovated Income Property With Development Reserve
1,163 Sqft
Updated: August 30
About the Property
Renovated income property with development reserve – Oron region (VD) In a calm and green environment, in immediate proximity to Oron-la-Ville and the main communication routes, this income property in condominium ownership represents a rare opportunity for an investor seeking both secure rental income and long-term appreciation potential. Significantly renovated in 2010 and carefully main
Renovated income property with development reserve – Oron region (VD) In a calm and green environment, in immediate proximity to Oron-la-Ville and the main communication routes, this income property in condominium ownership represents a rare opportunity for an investor seeking both secure rental income and long-term appreciation potential. Significantly renovated in 2010 and carefully maintained since, the property is now in excellent overall condition. It includes three spacious apartments, fully rented, ensuring immediate income upon acquisition. Distribution of apartments Ground floor / garden level 4.5-room apartment Living area: approx. 108 m² Terrace: approx. 19 m² Current rent: CHF 2,150.– excluding charges 3.5-room apartment Living area: approx. 90 m² Terrace: approx. 22 m² Current rent: CHF 1,950.– excluding charges Floor and attic Duplex apartment of 5.5 rooms Living area: approx. 150 m² Current rent: CHF 2,150.– excluding charges Common and outdoor areas The property also features: a stairwell of approx. 16.6 m² a technical room of approx. 4.6 m² 8 outdoor parking spaces The parking spaces are currently rented at CHF 60.– per month each. Rental situation Net rental income from apartments: CHF 6,730.– / month Income from parking spaces: CHF 450.– / month Net annual rental income: CHF 80,760.–/year The indicative gross yield is approximately 4.06%, with full occupancy of the apartments and parking spaces. Expansion potential According to preliminary analyses and subject to validations related to the future PACOM, the plot would present a potential for additional development of approximately 300 m². This buildable reserve offers interesting prospects for asset optimization and future yield enhancement. Environment and accessibility The property benefits from a pleasant residential setting, surrounded by greenery, while remaining close to essential infrastructures: Shops and services of Oron-la-Ville Schools and community facilities Palézieux train station with quick connections to Lausanne, Fribourg, and Bern An ideal property for an investor looking to acquire an immediately profitable building, with a vision for value creation in the medium and long term.