Av. 5 de Outubro 33 - Setúbal
Av. 5 de Outubro 33, Setúbal, Setubal, 2900-308, PT
HK$14,511,000 | 24,606 sf
The property originally comprised a mixed retail and residential development, but has since been split, separating the different use classes. The residential development comprises two terraces, each comprising five units and extending to an additional two storeys. There is an additional element comprising two single storey flats.
We are instructed to seek offers in the region of £1,150,000 (One Million, One Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this level reflects a net initial yield of 5.77% assuming standard purchaser's costs of 5.89%.