Central & close to the lake: residential and commercial building in Männedorf
This detached multi-occupancy dwelling in Männedorf presents a unique investment opportunity. Situated directly on the lake and encompassing a plot area of 484 square meters, the property features commercial space on the ground floor, as well as two 4-room apartments and one 3-room apartment on the upper floors. Additionally, there are three attic rooms in the loft on the top floor, one of which is leased to the commercial tenant, while the other two are allocated to the apartments.
The commercial space, which is rented to a group of independent pharmacies, benefits from high customer footfall, which contributes significantly to the attractiveness of the property. Owned by the same family since 1945, the property makes an immediate impression with its solid construction and well-maintained condition. The property is fully let, with a low vacancy risk. The current gross return is 2.80%, but there is potential for a higher return following renovation and adjustment of rents to market levels.
The bright apartments benefit from large windows with stunning views of Lake Zurich, further enhancing the property’s overall desirability. The attic rooms are fully furbished, heated, and also feature windows. The property includes a double garage with two side-by-side parking spaces. Its central location in Männedorf’s core zone and proximity to all essential infrastructure make this property particularly attractive.
The property:
- Plot extends to approximately 484m² (in core zone 1)
- Approx. 237 m² living space / approx. 23 m² attic room / approx. 131 m² shop space
- 1x commercial unit, 2x 4-room apartments, 1x 3-room apartment, and 3x attic rooms
- Large communal garden
- Fully rented property with low vacancy risk
- Gross return of 2.80%
- Great location in terms of footfall directly on Lake Zurich
- Unobstructed, sightline-protected lake view
- Double garage with two parking spaces
- Additional paid public parking spaces available
- Additional public car parks are available for a fee
The commercial space, which is rented to a group of independent pharmacies, benefits from high customer footfall, which contributes significantly to the attractiveness of the property. Owned by the same family since 1945, the property makes an immediate impression with its solid construction and well-maintained condition. The property is fully let, with a low vacancy risk. The current gross return is 2.80%, but there is potential for a higher return following renovation and adjustment of rents to market levels.
The bright apartments benefit from large windows with stunning views of Lake Zurich, further enhancing the property’s overall desirability. The attic rooms are fully furbished, heated, and also feature windows. The property includes a double garage with two side-by-side parking spaces. Its central location in Männedorf’s core zone and proximity to all essential infrastructure make this property particularly attractive.
The property:
- Plot extends to approximately 484m² (in core zone 1)
- Approx. 237 m² living space / approx. 23 m² attic room / approx. 131 m² shop space
- 1x commercial unit, 2x 4-room apartments, 1x 3-room apartment, and 3x attic rooms
- Large communal garden
- Fully rented property with low vacancy risk
- Gross return of 2.80%
- Great location in terms of footfall directly on Lake Zurich
- Unobstructed, sightline-protected lake view
- Double garage with two parking spaces
- Additional paid public parking spaces available
- Additional public car parks are available for a fee
Sharon Stadlin
Real estate consultant Küsnacht
Certified business economist
044 914 17 08
stadlin@ginesta.ch
