Investment property for sale – Rue de Strasbourg, Luxembourg City

€1,650,000

6 Bedrooms
3 Bathrooms
284 m² Total surface
220 m² Living area
115 m² Plot surface
12 m² Terrace surface

Description

Engel & Völkers Luxembourg offers for sale this investment property located Rue de Strasbourg, in Luxembourg City. Currently divided into three units (without vertical cadastral division), this property represents an attractive opportunity, with the potential for profitability to be exploited. The house has a total area of approximately ±284m² (of which ±220m² is living space) and consists of 4 levels (+ basement). It offers flexible layout options, ideal for an investor looking to enhance the property through renovation works. House layout: Ground floor (±79m²): The ground floor includes a commercial space or a v72,4m² apartment. This level can be used for various activities or redesigned according to your needs. Access to a small courtyard (±7m²) at the rear of the building. A separate WC is located on the landing. First floor (±52,3m²): Apartment with an entrance hall, living room with a balcony, a kitchen with balcony (±2,38m²), a bedroom and a bathroom with toilet. Second and third floors (±82m²): Duplex apartment, with the lower level having a layout similar to the first-floor apartment, featuring a living room, a kitchen with balcony, bedroom and a bathroom. The third floor includes a bedroom, bathroom with toilet, and an unfinished attic of ±10m², offering additional development potential. Basement (±53m²): The property also has a spacious basement, which houses the communal laundry room, private cellars, the boiler room (gas), and the garbage room. An exterior staircase provides access to the small courtyard at the rear of the building. The house is currently rented, but it will be free of any lease at the time of the deed signing.

Features

BasementTerrace

Engel & Völkers Luxembourg

+352 28 26 17 27

Your advisor: Matthias May

Property ID: W-02Y5MV

Location: Gare, Luxembourg

This property benefits from an excellent location with easy access on foot to all amenities. In the immediate vicinity, you will find supermarkets such as Cactus and Delhaize, as well as other shops, bakeries, cafés, restaurants, and medical centers. The area is well-served by various public services, offering a convenient living environment. In terms of public transportation, residents enjoy proximity to Place de Paris and the Central Station, the main transportation hub for public transit and major lines in Luxembourg City. The tram, which connects Cloche d'Or to Findel, passes through major stops such as Royal Hamilius and Kirchberg. Furthermore, the Nei Hollerich project, currently being developed on the former grounds of Paul Wurth and Heintz van Landewyck, will transform the neighborhood into one of the most attractive areas of Luxembourg. This urban development project will bring new residential and commercial spaces, boosting the local economy and making the area even more appealing. It will offer a mix of modern amenities, green spaces, and cultural attractions, making it a dynamic and vibrant place for the future. Distances: Tram stop: 700m Cactus and Delhaize supermarkets: 180 - 400m City center (Ville-Haute): 1.6km Cloche d'Or: 3.7km Kirchberg: 3.8km Findel Airport: 7.7km With all these advantages and the ongoing developments, this area is becoming more attractive every day and offers great potential for growth in the future.