Residential building Plainpalais

1205 Geneva
House with flats • 855 m² • ref: 11338 - ENE
$11,532,100
Built between 1919 and 1945, this residential building is built on a surface area of 153 m2 on a plot of 289 m2 and is located in the Plainpalais district.

Object data

- Year of renovations - 2009 / 2011
- Living areas - Approx. 855 m2 of residential space and 40 m2 of commercial space
- Plot size - 289 m2
- Constructed area - 153 m2

Distribution

- It consists of 21 housing units, and an office distributed as follows:

- Ground floor - 2 apartments and an office
- From 1st to 6th floor - 17 apartments
- On the 7th floor: - 2 penthouse apartments with terraces

Condition & Renovations

- The escalator shaft and elevator were renovated in 2009 and 2011
- The boiler room was renovated in 2022
- The windows are double glazed
- Waterproofing and insulation of the balconies on the 6th floor in 2018
- The kitchens of the apartments are arranged, some of them equipped
- Apartments are renovated when tenants change
- All leases are established for a period of 5 years and indexed
- Eco 21 lighting was installed in 2021
- Code at the front door
- Camera surveillance system

Financials

- Rental status as at 31.01.2024 - 334,392.- with rental margins
- Average charges - Approximately 23% excluding any renovation costs
- Selling price - CHF 10,500,000
- Gross yield - 3.18%
- Sale in name

Spaces

Balconies1

Surfaces

Living855 m²
Total289 m²
Balcony

Geneva

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Day care
Primary school