PROPERTY FEATURES
Asking price
€ 1.700.000
Rental P.A.
€ 83.520
Size
355 m2
Yield
4.9 %
FOR SALE

Rijnstraat 51 Amsterdam, The Netherlands

Property Description

Commercial space on the first floor with four residential floors above. The surface is approximately 355 m² divided into 158.55 m² l.f.a. business space and 197 m² l.f.a. living space.

Currently the first floor is leased to Korean restaurant Yuan's Hot Pot. In addition, the first two floors are rented by employees of the restaurant. The apartment on the third floor is socially rented. The apartment on the fourth floor does not yet have its own house number; this needs to be applied for. Furthermore, the fourth floor probably has the possibility to add 34 m² as well as a roof terrace.

Location:

The property is located in the Amsterdam Rivierenbuurt. The Rijnstraat, named after the river Rhine, is exactly one kilometer long and is characterized by the various stores, restaurants, supermarkets and other facilities.

Accessibility:

The object is very well accessible by bicycle, car and public transport. There are several possibilities to use the bus and streetcar, and within a few minutes it is possible to reach the Ring A10 or the A2.

Surface area:

The total area is approximately 355 m² and is divided as follows:

  • Business space/hospitality - 158.55 m² lettable floor area - € 36,000
  • Residential 1st floor - 54.94 m² gross floor area - € 18,600
  • Residential 2nd floor - 54.89 m² g.d. - € 14,400
  • Apartment 3rd floor - 54.89 m² g.e. - € 7,200
  • House 4th floor - 31.22 m² g.g. - € 6,720
  • Total - 355.55 m² g.w. - € 83,520

Parking:

Parking is possible on the public road through payment or a permit system. Information on conditions and possibilities for obtaining a (business) license and any waiting period can be requested from the municipality of Amsterdam.

Ground lease:

  • € 2,281.70 per year until October 15, 2021
  • € 2,329.62 from 16 October 2021 up to and including 15 October 2026
  • Time period: 16 October 1997 up to and including 15 October 2046

Indexation:

5 yearly indexation

Cadastral information

  • Municipality: Amsterdam
  • Section: V
  • Number: 4632

For all other information regarding this sale and associated procedure we refer to the sales dossier.

Map
Rijnstraat 51
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