House for sale in Unterägeri, Switzerland

In the village centre at Zugerstrasse 70 in Unterägeri ZG is this apartment building with 6 residential units in a prime location. This very attractive investment property offers great potential for investors. Currently, all apartments are rented out and, thanks to the flexible usage options, the property is suitable for renting out as an investment property as well as for further development and creation of new residential units as part of a comprehensive renovation.

The building dates back to 1949 and has been continuously renovated and developed. The apartment building has a complete basement, in which the technical installations are also located. The total building volume is 1757 m³; the new value of buildings insurance was estimated at CHF 1641054 as of 23.12.2022.

The total living space is around 383m2 and the plot is 936m2. According to the land use plan, the property is located in residential zone 3 with an occupancy rate of 0.47. The exact utilisation reserve must be examined separately under building law; in principle, however, there is potential for development or expansion within the framework of the applicable zoning requirements.

The property currently still has an oil heating system, the technical service life of which is coming to an end. A contractually regulated succession solution with the municipality or the Unterägeri corporation has already been found for the future heat supply. In the future, the property will be connected to the Unterägeri heating network and supplied with sustainably generated heat from the regional woodchip heating system.

List of accommodation units / floors:

Basement: - Side rooms / cellar 86m²

- Garage^78m2ÿ

Ground floor: - 1-room apartment 22m2

- 4-room apartment^85m2

- Ancillary rooms / VF (stairwell) 16m²

1st floor: - 1-room apartment^22m2

- 4.5-room apartment 85^m2 with balcony^9m2

- Ancillary rooms / VF (staircase) 15m²

2nd floor: - 5.5-room apartment 110 with balcony^9m2

- Ancillary rooms / VF (stairwell) 8m²

3rd floor: - 4-room apartment 79 with balcony^16m2

- Ancillary rooms / VF (staircase + screed) 15m²

This properti offer is characterized by:

• Attractive and central location with good access
• Popular and sought-after location in a well-kept residential environment
• Well-maintained overall condition
• Partially renovated or modernized in 2018
• Several residential units with a wide range of uses
• Solid return potential for investors
• Current target income of CHF 188054 p.a., net income of CHF 104688 p.a.
• Possibility of renting out as an existing property
• Development potential in the context of a core renovation
• 10x outdoor parking spaces
• 2x single garage and 1x double garage

Interested? Contact us for a no-obligation consultation