South Moravia Region, Veveří - Brno-město | Sale, Apartment building, 14 971 m²

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Set of Five Apartment Houses

A set of lots on which stand five listed Art Nouveau apartment buildings from 1913 by the builder František Pavlů. A unique location in the wider center of Brno on Konečné Square in the vicinity of the botanical garden and the famous "Tivoli" house.

The set includes buildings at the following addresses:

Kotlarská 547/1
10 apartments (2-bedroom layout), 1 non-residential unit, gross floor area 2,701 sq. m.
Veveří 268/52
14 apartments (layout: 3 x studio; 6 x 1-bedroom; 5 x 2-bedroom; 1 x 3-bedroom), 1 non-residential unit, gross floor area: 2,934 sq. m.
Veveří 536/54
10 apartments (layout: 1 x 1-bedroom; 8 x 2-bedroom; 1 x 3-bedroom), 1 non-residential unit, gross floor area: 2,480 sq. m.
Veveří 537/56
12 apartments (layout: 1 x studio; 2 x 1-bedroom; 4 x 2-bedroom; 5 x 3-bedroom) 1 non-residential unit, gross floor area: 2,287 sq. m.
Nerudova 532/2
10 apartments (layout: 10 x 2-bedroom), gross floor area: 2,507 sq. m.

Key investment criteria

total land area 3,100 sq. m.
total built-up area 57,424 m3
total gross floor area 14,971 sq. m.
total net floor area 8,224 sq. m.
net floor area of the apartments 7,301 sq. m.
56 residential units
net floor area of non-residential premises 923 sq. m., divided itno 3 commercial premises (grocery store with an area of 583 sq. m., a newsagents with a wine shop with an area of 148 sq. m., a flower shop with an area of 155 sq. m. and 1 storage space with an area of 37 sq. m.)
total floor area of the attic spaces 1,958 sq. m., potential to increase the living space with attic extensions
8x garage with a built-up area of 104 sq. m., 12 parking spaces in the courtyard
current annual rental income CZK 6,534,000, potential annual rental income after reconstruction CZK 18,000,000 - 20 000 000 (without the potential attic extension rental income)
plot of land in an inner courtyard with space for elevators and the potential to increase the number of parking spaces
sought-after residential location near the center of Brno, all amenities, public transport stops (tram + trolleybus)
sale of real estate (asset deal)

Technical parameters

brick vertical construction
plumbing construction: complete, galvanized
roof covering: burnt tiles
ceilings are wooden, casement windows and wooden doors are original
the buildings have basements
unit sizes 65-196 sq. m.
clear ceiling height of 3-4 m
water, electricity, gas, sewerage
multi-level heating - gas boilers
the possibility of installing elevators in the inner courtyard
built in 1913
reconstruction: 1993 (water, waste, electricity); 2008 (roof and plumbing); 2013 (building facades)
historical architectural elements have been preserved, the building is listed

Location

sought-after residential location in the wider center of Brno
public transport stop (tram + trolleybus) directly in front of the buildings
restaurants, cafes, post office, supermarket and smaller shops nearby
the rental potential is increased by several nearby Masaryk University faculties and the Šumavská business center
leisure park near Veveří Street and botanical garden