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Property Le Village - Vaulx-en-Velin (69)by orp - le carré de l’est

PropertyLe Village - Vaulx-en-Velin (69)
Price :
$1,884,400
($1,474 / m²)
Surface1,278

MIXED-USE BUILDING – 18 UNITS – 69120 VAULX-EN-VELIN – €1,624,950

ORPI 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 m²

The 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: 1191

This description has been automatically translated from French.
Advertiser reference : T46C-JXI-5GSLe Figaro Properties reference : 106690821

Its assets

  • Garage & Parking

Other assets detected by AI

  • Near Airport

In detail

* : Information not provided by the advertiser

Property Vaulx-en-Velin (69)

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