Interesting investment opportunity in the canton of Lucerne

Description

This is an exceptional investment opportunity in Reiden (LU): an attractive plot of land measuring 436 m² that offers considerable potential for a development. So that you can start building immediately, we are offering you a new construction project for an apartment building with four units and several outdoor parking spaces. This first-class offer is ideal for far-sighted investors or developers who want to start building immediately. At a glance: + CONDITION: Existing multi-family house ready for conversion (1923) + LIVING AREA: over 300m2 permitted, plus extensions and additions as well as the roof structure + UTILIZATION/BUILDING MASS RATIO: 0.7 + POTENTIAL: apartment sizes and number of rooms per apartment is variable, spacious terraces + ACCESSORIES: open kitchen, elevator, underground garage with 6 parking spaces, visitor parking spaces + PRIVATE SPACE: unrestricted oasis of retreat in all respects + LOCATION: all-day sunshine, sought-after residential area, centrally located + YIELD PROPERTY: exciting and interesting investment with a yield of over 5% (depending on conversion costs) If you are interested, we will be happy to send you a detailed property description including all information and look forward to advising you personally at a viewing appointment. WENET AG - Real estate of the KI Group AG since 1974.

Location

This interesting property is located in a quiet residential area in Reiden and offers an ideal residential location for families. The municipality of Reiden in the canton of Lucerne is located on the River Reuss and has a population of around 6,500. The charming municipality has a good infrastructure, a lively community life and a pleasant quality of life. The city of Lucerne is around 15 minutes away by car. Central Switzerland offers numerous leisure activities such as hiking, cycling, swimming, golfing, skiing and much more. The public transport stop is approx. 3 minutes' walk away. The nearest highway exit can be reached in approx. 1 minute and Zurich Airport in approx. 48 minutes by car. Overall, this property offers great potential for investors looking for an ideal residential location for families, couples and individuals.