If you are looking for an out-of-the-ordinary investment asset in the Brussels-Capital Region, you should explore the Ilôt Demey mixed-use real-estate development.
Located on a plot of land of just over 20 ares (i.e. more than 2,000 m²), this development, which boasts a built surface area of almost 3,000 m², will be ideal for a hybrid restructuring and heritage-preservation project. The mixed land use and the variety of spaces built thus far make a future multi-purpose set-up a distinct possibility. So, whether you are a user or developer, this unique opportunity is undoubtedly worth considering.
Head to Auderghem for a guided tour
Strategically located on the southern fringes of the Brussels-Capital Region
Ilôt Demey's key selling point is its premium geographical location in Auderghem, a municipality standing as a gateway to the Brussels-Capital Region in the south east. Auderghem is surrounded by the municipalities of Etterbeek, Ixelles, Woluwe-Saint-Pierre, Watermael-Boitsfort, Tervuren and Overijse. It is therefore a prime location for investing in Belgian commercial real estate and launching an urban recycling project in an area with strong development potential.
This is because Auderghem enjoys fantastic public-transport links, as it is served by line 5 of the Brussels metro. Herrmann-Debroux station is located a 4-minute walk away from the building complex and runs directly to Brussels-Central railway station, as well as other locations. Tram lines 7 and 25 and bus 34 also serve the municipality.
Auderghem is also ideally located for road connections, with direct access to the E411, which connects Zeebrugge to Dijon via Brussels and Luxembourg, therefore making it a prime route for North-South trade flows in Europe. A slip road to the E411 is also located a few hundred metres from Ilôt Demey at 43-47 Avenue Gustave Demey, creating an incredibly prominent and accessible building complex for its owners and users to enjoy.
Finally, it should be noted that the urban area containing Ilôt Demey currently falls under a Development Master Plan (DMP) coordinated by the Brussels-Capital Region. The aim of the Herrmann-Debroux DMP is to improve the quality of life of the residents of this district by transforming the E411 highway into a peaceful urban boulevard with green spaces, enhanced mobility (segregated tramways and soft transport lanes) and a programme combining economic, social and residential activities.
A hybrid, adaptable space with strong potential
As a result of the re-examination of so-called “single-function” building complexes and areas, exciting real-estate projects underpinned by the fundamental principles of urban recycling are emerging. Therefore, Ilôt Demey is a perfect asset for a radical restructuring project, which will place it on the Brussels-Capital Region's premium real-estate market and will spotlight its unique configuration. To date, the 3,000 m² of this real-estate development includes a residential component made up of rented flats, guaranteeing immediate returns as a result. It also contains office spaces that boast all of the features of modern and functional working areas (which can potentially be used for other purposes, such as residential or retail, for example). Finally, there is also a third section in the form of an industrial complex, which could be very valuable as a home for innovative projects.
Even though Ilôt Demey can therefore be used in its current form, its 3,000 m² of built surface area and 20 ares of land are also a blank canvas for potential restructuring projects, which will solidify its core qualities and reinforce its sustainable, hybrid and adaptable characteristics.