Description of the

This is an exceptional investment opportunity in Reiden (LU): an attractive plot of land measuring 436m² that offers considerable potential for a development. To enable you to start building immediately, we are offering you a new-build project for an apartment block with four units and several outdoor parking spaces. This first-class offer is ideal for far-sighted investors or developers who want to start building immediately. At a glance: + POTENTIAL: 4 units (3.5 rooms at CHF 1'250.- each) Rental income incl. parking approx. CHF 65'000.- per year possible (4% yield) + LIVING AREA: over 430m2 permitted, plus annexes/extensions + APPLICATION: 100 % - *****no utilisation rate available***** + ANNEXATION: 5 outdoor parking spaces, visitor parking spaces + LOCATION: sunny, central, excellent access + YIELD: Yield 4-5 % (depending on conversion costs) If you are interested, we will be happy to send you a detailed property description including all information and look forward to advising you personally at a viewing appointment. WENET AG - Real estate of the KI Group AG since 1974.

Location

This interesting property is located in a quiet residential area in Reiden and offers an ideal residential location for families. The municipality of Reiden in the canton of Lucerne lies on the River Reuss and has a population of around 6,500. The charming municipality has a good infrastructure, a lively community life and a pleasant quality of life. The lively city of Lucerne is 15 minutes away by car. Central Switzerland offers numerous leisure activities such as hiking, cycling, swimming, golfing, skiing and much more. The public transport stop is a 3-minute walk away. The nearest motorway exit can be reached in 1 minute and Zurich Airport in 48 minutes by car. Overall, this property offers great potential for investors looking to create an ideal residential location for families, couples and individuals.