Heuvelstraat 58, Veldhoven, The Netherlands

Redevelopment project located at excellent location near the center of Veldhoven and only thirteen minutes away from ASML (one of the largest employers in the Brainport Region Eindhoven).

As of August 2, 2021, an environmental permit has been granted for this former industrial building with upstairs apartment for the realization of four apartments and a studio space on the plot behind.

Features:

Plot size of 595 m²;
Total area of approximately 352 m²;
Four apartments ranging in size from approximately 59 m² to approximately 83 m², own house numbers issued by the municipality Best;
Studio space to be realized of approximately 76 m² GFA;
Foundation costs project estimated at € 392,700 (including VAT);
Estimated basic annual rent after completion of € 54,960, with a focus on the middle and upper segment of the rental market;
Reference objects show a square meter price of approximately € 4,000, -;
The property is located on private land.

Due to the location of this property and the economic attractiveness of the Brainport region, it is extremely suitable for rental in the middle and higher segment of the market and offers a stable return for the coming years.

The project will be delivered 'as is, where is' with an irrevocable environmental permit. The legal fees have already been paid.