Montreux | 985’000.- CHF

Investment opportunity Investment property in need of renovation

  • 5
  • 5.10 Gross
  • Type of building Housing units
  • Year of construction 1912
  • Net rental status 22’860
  • Type of heating Gas
  • Gross yield 5.10

Investment opportunity Investment property in need of renovation

Exclusive to Cogestim

Rental building with 5 lots
Glion – Commune de Montreux

Located in the centre of the village of Glion, this old investment property represents an attractive opportunity for investors looking for a property with the potential to increase in value.

Built in 1912, the building has 3 levels (no lift) and a total living area of approx. 167 m². It comprises 4 studio flats, 1 4.5-room flat, as well as cellars and a small rental space in the basement.

Rental situation

– Rental building with 5 lots
– One studio and the 4.5-room apartment currently vacant
– Gross yield 5.1 % (fully let)

Condition & potential

– Building in need of complete renovation
– Partly let
– ECA cubic capacity: 882 m³
– Yield optimisation possible after renovation

Key assets

– Central location in Glion
– Lake view
– Commune of Montreux
– Significant scope for yield growth
– Ideal for rental investment

Full sales file available on request.

Characteristics

Surroundings

  • Village
  • Distances
    • Restaurants : 11 m
    • Shops : 50 m
    • International school : 350 m
    • Station : 200 m

Property amenities

  • Needing renovation work

View and location

  • South
  • Stunning view
  • Lake

Characteristics

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