You will love this charming office building in Munich, Bavaria Free Land. The property includes 35 parking spaces.
Currently there is an effective indefinite lease with a period of termination notice of 6 months. There is a possibility of a new long-term contract conclusion at the moment of sale.
Year built - 1997
Building Area – 2,000 m2
Land Area – 1,650 m2
Price – €3,500,000
Revenues from the rent – €195,900 per year
Current Rate of return – 5.6%
Munich is a city in the south of Germany. Munich is the capital of Bavaria free land and the administrative district of Upper Bavaria. The population of the city is about 1.5 million people. It is the largest city of Bavaria and the third city of Germany (after Berlin and Hamburg). There are the governments of Munich city district, Bavaria, and Upper Bavaria district located in Munich .
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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: Munich, Bavaria, Germany
- Land Area: 1650 m²
- Total Area: 2000 m²
- Sale Price: €3,500,000