ORP - Le Carré de l’est
42 rue de la République, 69120 Vaulx-en-Velin
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Property Vaulx-en-Velin (69)
MIXED-USE BUILDING – 18 UNITS – 69120 VAULX-EN-VELIN – €1,624,950ORPI Le Carré de l'Est offers you a mixed-use building located at 29-31 avenue Georges Rougé in Vaulx-en-Velin, in a strategic area between the city center and the village, benefiting from good accessibility and a positively changing environment. The building is constructed on a plot of 1,789 m² and features a real estate ensemble consisting of 18 units: 9 residential apartments, 7 commercial activity lots, and 2 commercial premises, with a secure inner courtyard and 24 parking spaces.The total area is divided as follows:* Residential: 567.88 m²* Activity premises / warehouses: 549.35 m²* Commercial premises: 161.14 m²The surfaces are distributed as follows:* 9 apartments ranging from T1 to T4,* 7 activity lots of about 78 to 80 m² each, including one vacant lot,* 2 commercial premises of 42.14 m² and 119 m².The asset currently presents a configuration particularly sought after by investors, thanks to the diversification of its rental income between housing, activity, and commerce.At the price of €1,624,950, the immediate gross yield is 8.28%, based on current rents. To date, everything is leased except for one vacant warehouse. Including the revalued rental potential already identified in the study, the long-term gross yield can reach 9.52%.The building is enclosed and secured, with a motorized gate and vigik system. It benefits from a convenient location near major roads, with quick access to the A42 and D383, approximately 20 minutes from Lyon Part-Dieu and 22 minutes from Lyon-Saint-Exupéry airport. A tram stop is also announced for 2027, further enhancing the rental attractiveness of the area.This is a rare product on the market, suitable for both a heritage investor and a buyer seeking an immediately exploitable yield asset, with rental income in place, rental diversification, and potential for growth.For more information, a detailed rental study, or to arrange a visit, contact ORPI Le Carré de l'Est.Agency reference: 1191This description has been automatically translated from French.
…$1,814,0001,278m²By Orp - Le Carré De L’est
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