Investment property with redevelopment potential and currently 5% yield

For sale is an exciting property that currently already generates a 5% return (€ 102.000 net rent p.a.).

The existing building with approx. 908 m² NFl consists of 5 units: 1 commercial unit (unlimited lease) and 4 apartments (tenanted under fixed-term leases).

After demolition and new construction, ca. 1.840 m² WNFl and 460 m² open spaces as well as 22 underground parking spaces could be achieved.

Buses, Badner Bahn and U6 are well accessible.

We will gladly send all further details to you upon request.

Note pursuant to the Energy Certificate Vorlagegesetz: An energy certificate has not yet been provided by the owner or seller, after our clarification about the generally applicable obligation to provide one, as well as a request for its preparation. Therefore, at least a total energy efficiency corresponding to the age and type of the building is deemed agreed. We make no warranty or liability for the actual energy efficiency of the offered property.

We would like to point out that there is a familial or economic close relationship between the broker and the third party to be mediated.

The broker is acting as a dual agent.

Infrastructure / Distances

Health

• Doctor <1.000m
• Pharmacy <500m
• Clinic <2.500m
• Hospital <3.000m

Children & Schools

• School <500m
• Kindergarten <500m
• University <6.000m
• Higher School <6.000m

Nearby amenities

• Supermarket <1.000m
• Bakery <1.000m
• Shopping center <1.000m

Other

• ATM <1.000m
• Bank <1.000m
• Post <1.000m
• Police <1.000m

Transport

• Bus <500m
• Subway <1.000m
• Tram <4.000m
• Train station <500m
• Motorway access <1.000m

Distance straight-line / Source: OpenStreetMap