ID: 1409

Mixed object for sale Saxony-Anhalt, Hettstedt, Germany

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Additional Information DESCRIPTION

You will love this residential building with commercial in Hettstedt, Saxony-Anhalt federal land. The property includes 2 residential and 14 commercial premises (13 of which are rented).

Land Area- 4,871 m2

Total Area – 2780.66 m2

Commercial Area –2,671.66 m2

Residential Area – 109.00 m2

Revenue from the rent – €223,817.76 per year (up to €228,575.76 if fully rented)

Rate of return – 9.33% (up to 9.52% if fully rented)

Price – €2,400,000

Year built – 1994-1995

The main tenant is Penny Markt supermarket that rents about 900 m2 since 1994. Its lease is valid until 2019 with 4 more renewal options for 2 years each.

Another large tenant is a restaurant that leases about 350 m2.

Other tenants are: a pharmacy, insurance company office, law office, medical offices, hairdresser, video rental, butcher's shop, and a tourist bureau.

Hetstedt is a German town located in Saxony-Anhalt federal land. It is part of the Mansfeld district. The population is about 16,000 people.

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Do not miss a unique opportunity to have a residential building with commercial premises in Germany!




Additional Information PROPERTY DETAILS
  • Type of Property: Mixed object
  • Property Type: Secondary market
  • Status: Good
  • Location: Hettstedt, Saxony-Anhalt, Germany
  • Living Area: 109 m²
  • Land Area: 4871 m²
  • Total Area: 2780 m²
  • Sale Price: €2,400,000

Financial Information

Rent Income per year
Rent Income per month
10,7 years

Purchase Cost

Agency commission
Tax on the purchase
Services notary
Rental services
Services of the management company
Additional Information OTHER INFO


Living Area: 109 m²
Land Area: 4871 m²
Total Area: 2780 m²
Year Built: 1995
Parking: Yes
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