Built on a beautiful 1'351m² plot, this character building boasts a 3.5-room and a 4.5-room apartment spread over 330 m² of living space, each with its own private terrace. On the first floor, you'll find a spacious mechanical room/workshop with ceiling heights of up to 4 meters.

Built in 1968, the building has been regularly maintained. The most recent renovations were carried out in 2010 and 2012, including a roof overhaul and facade refurbishment. However, some refurbishment work is still required.  

Note that the current zone, reserved zone 3, would allow the building to be raised by 2 levels. Subject to the approval of the Montreux town planning department and the canton, the gross floor area could be increased to 650.30 m² (540 m² net), enabling the creation of 6 apartments by removing the workshop part. This project is on request, with the potential to be sold as a condominium or for yield.

The building is ideally located in Clarens, close to public transport and all amenities. The center of Montreux and the motorway network can be reached in less than 5 minutes.

The building has only one rented apartment, to take account of the fact that it has been put up for sale. The second apartment and the workshop were occupied by the owner, who has relocated his apartment and business. The annual rent for the apartment is CHF 14,400. Annual building costs are around CHF 15'000.-.

This property could be returned to a minimum gross annual rental income by renting out the workshop and the two apartments for a total of CHF 100'000.- gross, which was the case previously.

4 outdoor parking spaces and a garage-box complete this property.