Existing meets future? Construction project with foundation
Existing with cash flow? Project with perspective
This property combines ongoing income with a clearly defined development concept. The fully rented multi-family house includes 6 apartments (3-4 rooms) and 2 commercial units (hairdresser and pizzeria) on a plot area of 959 m² in a central location in Neuhausen am Rheinfall. The existing property generates a net annual rent of CHF 69,780, divided into residential, commercial, ancillary, and parking rents. The gross yield in the current state is approximately 1.48%, with no comprehensive renovations having been carried out in the current condition - particularly in the residential area, there is potential for enhancement.
The economically attractive highlight is the concretely planned new construction project, which allows for a dense development on the same parcel with a modern multi-family house.
At a glance:
22 CONDOMINIUMS, (1.5 to 4.5 rooms)
1 INTEGRATED COMMERCIAL SPACE, on the ground floor
UNDERGROUND GARAGE, with approx. 20 parking spaces
6 FULL FLOORS, with attic floor
FLAT ROOF, with terraces
NET LIVING AREA, 1,855 m²
GROSS FLOOR AREA (GFA), 2,525 m²
BUILDING VOLUME (SIA), 10,842 m³
CONSTRUCTION COSTS, estimate CHF 14.35 million.
SALES POTENTIAL, estimate CHF 19.1 million.
The building law review has been carried out, the usage zone (core zone I, sub-area VIII) allows for the intended densification. This property is therefore ideally suited for project developers, investors with a buy-and-hold strategy, or capital investors who want to rely on ongoing rental income today and realize the added value tomorrow.
If you are interested, we would 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.
Energy consumption
No dataGreenhouse gas emmissions
No data8212 Neuhausen am Rheinfall (SH)