Description
NARBONNE – CITY CENTRE: Terres d’Oc Sotheby’s International Realty presents one of the city’s finest heritage buildings, a No.1 address facing the Cathedral and a stone’s throw from the Town Hall. A highly secure yield: a new banking lease delivering €88,000 per year (the bank covers €8,000 of property tax), complemented by two luxury apartments and additional ancillary rental lots providing steady recurring income. Over 900 m² (approx. 9,700 sq ft) in excellent condition, offering the rare possibility of private use with an exceptional 200 m² (approx. 2,153 sq ft) duplex with terrace and cathedral salon, and elevator access. Dominating the square, the aristocratic façade — wrought-iron balconies, sculpted cornices and finely restored mouldings — captures the eye: light, perspective and historic elegance compose a unique setting in the heart of Narbonne. The building comprises 12 lots in total: a vast commercial space over three levels of more than 330 m² (approx. 3,552 sq ft) occupied by a strong banking tenant (annual rent €80,000, tenant assumes property tax of €8,000), and 11 residential lots including two T2s (74 m² currently rented at €800/month all charges included; 76 m² currently vacant), two generous 114 m² apartments and a sumptuous renovated T4 duplex of 200 m² on the top floor with terrace and sweeping views. This patrimonial asset combines operational security (institutional tenant), prime tourist and residential appeal (prestigious address, maximum visibility) and significant upside through rental revaluation and high-end repositioning. An exceptional investment that awakens desire — full dossier and supporting documentation available on request.
