ID: 1433
House

Shopping center for sale Saxony, Grimma, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€9,900,000
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will love this residential building in Grimma, Saxony federal land. The property includes 385 parking spaces.

Year built – 1997

Land Area –31,519 m2

Total Area – 13,427 m2

Price - €9,900,000

Revenue from the rent - €837,000 per year

Rate of return – 8.45%

The building is located next to the residential area. There are several supermarkets, a school, kindergarten and a hospital in a close proximity. Excellent infrastructure provides high traffic flow around the shopping mall.

Grimm is a German town located in Saxony land on Mulde River. The population is 28,819 people. The town is part of the Leipzig administrative district. The distance to Leipzig is 30 km.

If you are interested in other properties, you can leave a request on our web site. Our representative will contact you shortly to assist you and answer the questions you might have.

Do not miss a unique opportunity to have a shopping mall in Saxony!

Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Status: Good
  • Location: Grimma, Saxony, Germany
  • Land Area: 31519 m²
  • Total Area: 13427 m²
  • Sale Price: €9,900,000

Financial Information

Price
€9,900,000
Rent Income per year
€837000
Rent Income per month
€69750
Profitability
8,45%
Payback
11,8 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
3,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Near the shop
Parking place
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 31519 m²
Total Area: 13427 m²
Year Built: 1997
Parking: Yes
Parking Spaces: 385
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