ID: 1488
House

Office building for sale Saxony, Leipzig, Germany

EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
€14,000,000
EW Real Estate
Kurfürstendamm 45 Berlin
Telephone: +49 30 47365973
Additional Information DESCRIPTION

You will like this office building in Leipzig, Zentrum-West district. The property consists of 22 commercial premises and includes 303 parking spaces,

Commercial Area – 10,698 m2

Land Area – 11,615 m2

Price – €14,000,000
Current revenue from the rent – €697,830.12 per year (up to €810,000 if fully rented)
Current rate of return – 4,98% (up to 5.79% if fully rented)

Leipzig is a German city located in the west of Saxony federal state. The population is about 580,000 people. Leipzig is the largest and fastest growing city in Saxony and 10th in the country.

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Additional Information PROPERTY DETAILS
  • Type of Property: Office building
  • Property Type: Secondary market
  • Status: New
  • Location: Leipzig, Saxony, Germany
  • Land Area: 11615 m²
  • Total Area: 10698 m²
  • Sale Price: €14,000,000

Financial Information

Price
€14,000,000
Rent Income per year
€697830,12
Rent Income per month
€58152
Profitability
4,98%
Payback
20 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

Elevator
Parking place
Central heating
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 11615 m²
Total Area: 10698 m²
Year Built: 1997
Parking: Yes
Parking Spaces: 303
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