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Charmilles, Residential building

CHF 12,000,000.-

Firstview

Sale of 20 PPE lots – Charmilles neighborhood

CHF 12,000,000.-

GE - Charmilles, Genève

Exceptional

Description

Retail building – Geneva Rare residential asset in the heart of a sought-after urban neighborhood

Located in an established, dense and well-connected area of Geneva, these 20 residential apartments and 13 parking spaces offer an attractive yield and a sought-after urban environment, appreciated for its immediate proximity to the city center, public transport, the train station, shops and major roads, while maintaining a stable and lasting residential atmosphere.
A location that will continue to attract tenants and secure long-term income.

Key data of the building

  • 8-story building + basement
  • 20 residential apartments
  • 13 parking spaces in the basement
  • Total quota: 426.15 millièmes
  • SIA total volume of the building: 13’130 m³
    • including basement of the building: 3’190 m³
  • Plot size: 1412 m²
  • Ground building area: 563 m²

Type of apartment (with balconies)

  • 9 × 3 pieces – approx. 62 m² = 558 m²
  • 6 × 4 pieces – approx. 77 m² = 462 m²
  • 5 × 6 pieces – approx. 115 m² = 575 m²
    • For a total of: 1595 m²

A diversity of surfaces particularly appreciated on the Geneva market, allowing to reach a wide range of tenants (couples, families, executives).

Basement – Full Infrastructure

  • Underground parking
  • Communal laundry room
  • Bike storage
  • Local containers

Technical condition & maintenance

The building has been regularly monitored and consistently invested in, ensuring excellent technical visibility for an investor:

  • Communal gas heating (boiler room in a neighboring building)
  • Granite facades replaced in 1997
  • Painted wooden windows, double glazing, replaced in 2012
  • Terrace and roof renovation in 2009
  • Renovation fund:
    Between 2022 and 2025, CHF 830,000 were invested in condominium work, including the replacement of downpipes, the nursery room and the removal of the garbage chute.

A reassuring work history, limiting the risks of CAPEX in the short and medium term.

Rental performance

  • Gross rental income:
    CHF 490,000.- / year (apartments + parking spaces)
    • apartments CHF 459,996.-
    • parkings CHF 30,004.-
  • Expenses : approx. 18% – CHF 88,200.-
  • Net rental value:
    CHF 401,800.- / year
  • Number of rooms: 81 for all apartments
  • Average per piece to date: CHF 5,670.- (excluding parking)

  • Gross yield: 4.10%
  • Net yield: 3.85%

Why this asset is an investment opportunity

  • Strategic and sustainable Geneva location
  • Fully leased residential building
  • Sought-after typologies with balconies
  • Major work already completed
  • Solid and readable net income
  • Ideal asset for institutional or private investors
  • Attractive yields

Full file, plans, detailed rental status and additional information available on request.
A building that combines security, performance and heritage potential in one of the strongest real estate markets in Switzerland.

Details

Neighbourhood
  • City centre
  • Park
  • Green
  • Shops/Stores
  • Shopping street
  • Bank
  • Post office
  • Restaurant(s)
  • Pharmacy
  • Railway station
  • Bus station
  • Bus stop
  • Playground
  • Nursery
  • Preschool
  • Primary school
  • Secondary school
  • Sports centre
  • Bike trail
  • Theatre
  • Concert hall
  • Religious monuments
  • Doctor
  • Medical home
Outside conveniences
  • Balcony/ies
  • Terrace/s
  • Rooftop terrace
  • Garden
  • Bench
  • Quiet
  • Fence
  • Parking
  • Garage
  • Built on even grounds
  • Gabled
Inside conveniences
  • Wheelchair-friendly
  • Lift/elevator
  • Public parking
  • Cellar
  • Bicycle storage
  • CP-Shelter
  • Water softener
  • Heating Access
  • Double glazing
  • Bright/sunny
  • With front and rear view
Equipment
  • Dryer
  • Laundry
  • Internet 1Gbit/s
  • Optic fiber
  • Interphone
  • Code door
  • Caretaker
  • Electric garage door
  • Fire alarm
  • Sprinkler
  • Ventilation
  • Controlled ventilation
  • Outdoor lighting
Floor
  • Tiles
  • Parquet floor
  • Mosaic parquet floor
  • Granite
Condition
  • Very good
Orientation
  • North
  • East
Exposure
  • Good
  • All day
View
  • Clear
  • Park
Style
  • Classic
Miscellaneous
  • Not registered as Contaminated land

Votre nouvelle vie dans ce quartier

Businesses
& services
Restaurants
& Bars
Shopping
Schools
Sports
Activities
transport network
health