You will love this 4-story office building in Gera, Thuringia federal land. The property consists of 9 apartments.
Year built – 1997
Land Area –975 m2
Total Area –3,685 m2
Revenue from the rent – €294,961 per year (up to €306,436 if fully rented)
Rate of return – 11.89% (up to 12.36% if fully rented)
Price – €1,700,000
On the street side, the windows have awnings-blinds with electric drive. Inside the building, there is a glazed lift for 8 people. There is also a car parking on the ground floor.
Features of the building: extra strong construction, shingled roof, electric shutters, flooring, a tile, district heating, and an elevator.
The property is located in the Mitte district, east of the Weiß-Elster River. The central bus station of the city is within walking distance. There are shops, schools, service enterprises nearby.
Hera is a city located on the Weiss Elster River that is the eastern part of Thuringia. It is about 60 km south of Leipzig and 80 km east of Erfurt and 40 km southeast of Chemnitz. The population is about 96,000 people.
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Do not miss a unique opportunity to have an office building in Germany!
- Type of Property: Office building
- Property Type: Secondary market
- Status: Good
- Location: Gera, Thuringia, Germany
- Land Area: 975 m²
- Total Area: 3685 m²
- Sale Price: €2,480,000