Residential building for sale - 1204 Genève

6 apartments in PPE for sale in the satellite city of Lignon, in Vernier.

We are pleased to offer you an exceptional lot of 6 apartments located in the well-known Lignon district, respectively in the building of Lignon 48. This historic building, known for its iconic architecture and privileged location, offers a unique investment opportunity.

The building of Lignon 48 benefits from excellent access to public transport, with several bus stops nearby, facilitating travel to the city center and other neighborhoods. By car, it is easily accessible via the main roads, providing quick connections to the highway and the airport. Additionally, well-developed bike paths and pedestrian areas make access to local amenities safe and convenient for cyclists and pedestrians. Lignon 48 is at the heart of a dynamic community, offering many opportunities for social life. Residents can enjoy various cafes, restaurants, and local shops, fostering meetings and exchanges. Furthermore, the neighborhood is home to green spaces, cultural centers, and sports facilities, encouraging an active and friendly lifestyle.

The lot of 6 apartments represents 248.10/1,000th of the PPE and a total living area of 473 m2 and loggias of 39 m2. The building has 12 floors, with 2 apartments on each floor.

IMMOCLOUD has analyzed in the presentation file below the yield for rental investment and the yield with a sale lot by lot. We submit below a summary of the analyses:

Distribution of Apartments:
1st floor: 1x 5 rooms - Lot 3.01
5th floor: 1x 4 rooms - Lot 7.02
6th floor: 1x 3 rooms - Lot 8.01
7th floor: 1x 4 rooms - Lot 9.02
8th floor: 1x 3.5 rooms - Lot 10.01
11th floor: 1x 5 rooms - Lot 13.02
Leases are transmitted only in case of confirmed interest.

Views

Superb unobstructed views (varies by apartment)
Orientation

South-east/north-west (depending on the apartment)

PPE Accounts
The renovation fund amounts to CHF 716,000.- + the allocation to the renovation fund for 2024. Part of the funds will be used for the renovation of the building's facade (Voted in AGO)

Financial Details
Selling price: CHF 3,400,000.- for all 6 apartments
Annual net rental yield: 138,216.-
Annual charges: 21,817.-
This represents a yield of 3.4% in double net.

In projection, over the medium term:
Annual net rental yield: 158,400.-
Annual charges: 21,817.-
This represents a yield of 3.7% in double net.

ADVICE FOR THE INVESTOR: Increase rents when the possibility is given (according to TH, ISPC, management of charges) and sell lot by lot as rotations occur (subject to LDTR)

CONTACT
For any questions or requests for files, please contact:
Mathis Fuchs
Co-founder
Federal patent + diploma
Immocloud Sàrl
see contact details