Located in the center of Lucerne this high street mixed use residential and commercial building was extensively refurbished from 2018-2020
The refurbishment included new services in the basement to include but not limited to heat generation, transformer, electrical distribution.
The new skeleton with construction of the building shell has ensured maximum flexibility of the rental space to include functional delivery area with goods lift for retailers.
The new building envelope has been constructed in accordance with contemporary energy standards and included new interior fittings, sanitary installations, kitchens, pipes, surfaces.
Producing 1.85m CHF with a net initial yield of 2.6%.
The property is situated in Kapellgasse, in the centre of Lucerne and directly on Kapellplatz, one of the most-frequented shopping streets in the historic core. Due to its excellent location, the property benefits from a high degree of visibility. Schwanenplatz, the focal point for tourists from all over the world, is only a few minutes’ walk away from the property.
For more details please speak with our Private Client Office.