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Street view building Louise 152-154
Drawing of building located Avenue Louise 152 154

AVENUE LOUISE 152-154

UNIQUE INVESTMENT OPPORTUNITY

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Louise 152-154

Property Info

Brussels Uptown: a perfect mix between residential, offices and retail. 

The property is located along the prestigious Avenue Louise. The Avenue Louise connects the retail center at Porte de Louise with the largest park in the capital, the Bois de la Cambre. 

Alongside the Avenue Louise some of the liveliest residential areas of Brussels can be found, such as the Chatelain area, with many bars and restaurants, among the largest office towers of the capital (Louise Tower, Blue Tower & IT Tower). 

More Details

Year Built

Size

Total Floors/Stories

Total frontage

from the beginning of the 20th century

± 1,640 sq m

3

± 16

Property info

Market Dynamics

The Louise district is located in the South-East part of the city centre of the Brussels-Capital Region, stretching from the inner ring to the Bois de la Cambre. The Louise district is characterised by a mix of office, retail and high-end residential units.
 
The asset offers a strong redevelopment potential to optimise rental incomes and market value.

Office

28,000 sq m

Strong and stable yearly take-up

275€/sq m/year

Increasing prime rental levels

4.4%

Historically low vacancy rate

Residential

23,000 €

Purchasing power per capita.

26% higher than Belgian average

1.6%

Demographic growth in Brussels, above Belgian average

1,200 to 1,700€

Average rental level of an apartment in the vicinity

Retail

160,000 to 190,000

Average weekly footfall in the

Goulet Louise

Source: Mytraffic

55,000

Workers in the Louise district

1,600 €/sq m/ year

Prime rents in the Goulet Louise, decreasing gradually towards the
Louise 152-154

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Investment Summary

Visibility

Great visibility on a main intersection on the Avenue Louise

Surface

±1,640 sqm

Gross lettable area

Potential

Mixed Retail, Residential & Office redevelopment

Drawing of building Louise 152-154 for sale

Occupation

Free of occupation

Double Mansion

Historical buildings

Transaction

Structure

Asset deal

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Interested to know more?

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Meet the team

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Victoria Tanret

Associate

victoria.tanret@cushwake.com

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Arnaud de Bergeyck

Head of Capital Markets Retail

arnaud.debergeyck@cushwake.com

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