Molendreef in Sint-Niklaas

Name: Sales in Molendreef started!
Start: 2022-01-11T08:04:43.185808+00:00
End: 2023-12-31T23:59:59+0000
Location: Molendreef

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Project info

Object ID: 17178

Finished at	December 2022
Price, m²	From 4400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

176,000$

Net profit

5,883$

Payback period

21.8 years

Avg property value increase per year

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About the project

This unique project, located in the inner area between Edward Prissestraat and Nieuwe Molenstraat in Sint-Niklaas, comprises 94 newly built apartments. There are studios, 1-, 2- and 3-bedroom apartments available and they are all finished to a high standard, with underfloor heating. Molendreef is characterized by beautiful, contemporary architecture.

The apartments overlook a green area. You live very quietly in this residential area. With different options in size and orientation, the range of apartments is very varied. This way, all ages and various family compositions can find their place in Molendreef.

The project has been set up in such a way that it is car-free and thus safe for its residents. There is also room for shared cars, which means that Molendreef responds to the latest trends in mobility.

These apartments are also an excellent investment! Investing in real estate is and remains the most profitable investment you can make today, especially in new real estate. Curious about the investment opportunities and returns in Molendreef? Our construction consultants are ready to advise you professionally.