Unieke kans: Volledig pand met vijf woningen in Amsterdam Noord, 385 m²

This property offers a rare investment opportunity in Amsterdam Noord, presented by WIJ Consultancy on behalf of an authorized institution.

The building is located at Papaverweg 4-H in the Volewijck area, part of the Bloemenbuurt-Zuid district in Amsterdam Noord. Built in 1927, the property comprises five residential units with individual floor areas ranging between 75 and 80 square meters each. The total gross floor area amounts to approximately 385 square meters, with full NEN2580 measurement reports available in the data room.

The property spans three floors with a total of 16 rooms across the five units. At present, the building has not yet been formally divided into separate apartments, and it is currently managed through vacancy management arrangements. This presents the buyer with significant freedom regarding redevelopment, layout modifications and future use of the property.

The erfpacht (leasehold) situation has been addressed by the seller. The ground lease canon has been bought off for a period of 50 years prior to delivery, and the erfpacht destination will be converted accordingly. The current canon obligation is bought off until December 31, 2076, providing long-term financial certainty for the incoming owner.

Buyers should be aware that the foundation is flagged as a point of attention, warranting thorough inspection and potential future investment. The property is sold on an as is, where is basis, meaning the buyer accepts the property in its current condition at the time of sale.

The surrounding area of Volewijck is characterised by a dynamic mix of residential, commercial and creative businesses. The immediate neighbourhood offers a good range of facilities and hospitality options. The NDSM-wharf and the IJ waterfront are within short distance, providing extensive dining and cultural amenities. The Noorderpark is nearby and serves as an important green and recreational space in the urban environment.

Accessibility is well developed. The Noord/Zuidlijn metro line serves the area via Noorderpark metro station. Additionally, ferry connections across the IJ provide access to central Amsterdam. The combination of location, amenities and transport links makes this an attractive proposition for both end users and investors alike.

The property can be acquired individually or in combination with several other properties listed by the same vendor: Paardekraalstraat 1 (1092 JA), Pretoriusstraat 49 (1092 EZ), Sint Willibrordusstraat 59 (1074 XK) and Laurierstraat 60 (1016 PN).

Prospective buyers are requested to express their interest by email. Upon receipt, the process documentation including a confidentiality agreement and further explanation of the sales procedure will be shared. Signing this documentation grants access to the data room with extensive sale documentation. Video presentations are available via a YouTube playlist providing additional visual impressions of the property and surrounding area.

The asking price is €1,470,000 kosten koper (buyer's costs), equivalent to approximately €3,818 per square meter of total floor area. Acceptance of the property is by mutual agreement.