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Route ProvincialeWavre
Development project
Route provinciale, wavre
EXECUTIVE SUMMARY
The asset
� Land to be developed
� Land size +/- 6.000 sq m
� Zone Résidentielle (residential area)
The deal structure
� Asset Deal
� Asking price: 1.200.000 €
Wavre is the capital of Walloon Brabant. The city counts inJanuary 2013, 33.277 inhabitants. It is located 23km to the Southof Brussels and is crossed by the E411 highway (Brussels-Luxembourg). Wavre is mainly known in Belgium for the Walibitheme park.
The site to develop is ideally located at 2km from the city centre,at 1km from the E411, in a residential neighbourhood.
Market conditions
� Excellent accessibility.
� On one of the main road in Wavre.
� 700m from Wavre station, bus stop in front.
� Most urbanised zone of the region.
� Located in a residential zone.
� High demand for land in the Province.
� Q75 price for a flat in Wavre: €255.000.
� Increase in Q75 prices by 74% in 10 years and 12% in 5 years.
Knight Frank are instructed for the sale of a residentialdevelopment project, situated on route Provinciale in Wavre.
We have the pleasure of providing the preliminary outlines ofan investment opportunity and are delighted to discuss thisinvestment with you in more detail.
Route provinciale, wavre
Wavre new-built Residential market
Résidence Les Princes
� 9 flats; 1 to 3 bedrooms
� Between €160.000 and €285.000
� 53m² to 110m²
� Average price: €2.857/m²
Résidence Les Alisiers
� 5 flats; 2 to 3 bedrooms
� Between €230.000 and €320.000
� 85m² to 156m²
� Average price: €2.324/m²
Les Fontaines de Basse-Wavre
� 35 flats; 2 to 3 bedrooms
� Between €254.000 and €386.000
� 101m² to 153m²
� Average price: €2.507/m²
Résidence Sancerre
� 5 flats; 1 to 3 bedrooms
� Between €180.000 and €335.000
� 63m² to 135m²
� Average price: €2.647/m²
Résidence Nuit Saint Georges
� 11 flats; 2 to 3 bedrooms
� Between €210.000 and €310.000
� 83m² to 137m²
� Average price: €2.421/m²
Summary – Wavre :
� 66 new-built flats
� 1 to 3 bedrooms
� 53% of 2 bedrooms flats – 33% of 3 bedrooms flats
� Between €160.000 and €386.000
� 53m² to 156m²; average size: 107m²
� Average price Wavre-Municipality: €2.450/m²
� Average price for a 1-bedroom flat: €190.000
� Average price for a 2-bedroom flat: €262.000
� Average price for a 3-bedroom flat: €310.000
The Asset
Route provinciale, wavre
LOCATION Overview
Wavre
Walibi
Route provinciale, wavre
location
Route provinciale, wavre
Close-up location
Route provinciale, wavre
planning
Projectsummary
Most urbanized zone of the
Province: high demand
Averageprice per m²:
€2.450
60 ares to be developped
Easyaccessibilityby car and public
transport
Good location in Wavre
Average flat price in Wavre: €267.000
Asking price: 1.200.000€
Average flat price in Wavre: €267.000
Asset Deal
Disclaimer - Knight Frank gives notice to anyone who may read these particulars as follows:1.The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. In order to have full validity, anytype of understanding or agreement between parties must be the object of a written document or contract duly signed by all involved parties.2.All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct,but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves, by inspection or otherwise, as to the correctness ofeach of them.3.No person in the employment of Knight Frank has any authority to make or give representation or warranty in relation to this property.4.The photographs appearing in this brochure show only certain parts of the property at the time when the photographs were taken. Certain aspects may have changed since thephotographs were taken and it should not be assumed that the property remains precisely as displayed in the photographs. Furthermore, no assumptions should be made inrespect of parts of the property which are not shown in the photographs.5.Plans are published for convenience of identification only and although believed to be correct, their accuracy is not guaranteed and they do not form part of any contract.6.All offers to purchase the property will be conditional on prior official approval of the owners. No transaction can be considered as settled without this prior approval.7.All above clauses apply unconditionally to the entire Prospectus with no exceptions
Knight Frank SA/NV
Louizalaan 143 Avenue Louise Tel: +32 2 548 05 48
B-1050 Brussels Fax: +32 2 502 71 91
Filip Derijck
John van Paassen
Alizé Zarzecki