Fully tenanted apartment house in Waldheim

Property location:

Waldheim, Germany,

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Fully tenanted apartment house in Waldheim

The contact for this property is www.frontlineberlin.com

Property details:

Property price

Price: 370000 euros

Please select type of property

Apartment House/Villa/Chateau/Castle Land without planning permission Land with planning permission Hotel Restaurant Office Commercial Other type of property

Number of bedrooms:
Bedrooms: 0
Property size, the living area in square meters (sqm). Area: 582 sqm
Plot/garden size in square meters (sqm) Plot area: 0 sqm

Property Description:

What a fantastic investment opportunity !! This fully tenanted apartment house offers 9.2% yield at a purchase price of only 635€ per square metre !!

The property is located in Waldheim, a market town in the district of Doebeln, Saxony located on the Zschopau River, 9 km south west of Doebeln and 28km north of Chemnitz. The apartment house comprises of 8 residential units with a total floor area of 582 m2 on a plot size of 360m2. The property is in excellent order throughout.

The rental income exceeds 34,000€ per annum which produces this excellent yield of 9.2%.

The sales price excludes commission at 7.14% including tax.


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