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ID: 1649
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Quoting Reference Number:
EW RealEstate- 1649
€860,000
Office buildings in Brandenburg with potential. Income from 6.4%
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DESCRIPTION
We woild like to offer you office buildings in the city of Guben (land - Brandenburg).
3 and 5-storey buildings were built on a plot of 7,300 sq.m. The total area of the property is 7,300 square meters. m, of which 1 000 sq.m. occupy storage space. The condition of the objects is good.
At the moment, only 15% of office premises are rented out, while the rental revenue is about 55,000 euros per year. With full rental it is possible to receive rental income up to 370,000 euros per year. This opens up a huge potential for increasing current income.
The estimated value of the buildings is about 8.3 million euros. But due to the low number of tenants at the moment, the building can be purchased for only 860,000 euros, which corresponds to a 6.4% profitability.
Total area - 7 300 sq. m.
Price - 860,000 euros
Rental income - 55 000 euro / year (may increase to 370 000 euro / year with full rental)
Profitability - 6.4% (an increase of up to 43% is possible with full rental of premises)
Guben - a city in Germany, in Brandenburg. Included in the area Spree Nice. The population is about 20,000 people.
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
Do not miss the opportunity to buy office buildings in Brandenburg!
PROPERTY DETAILS
- Object: Commercial property
- Type of Property: Office building
- Location: Guben, Brandenburg, Germany
- Total Area: 7300 sq m
- Sale Price: €860,000
Financial Information
Price
€860,000
Guaranteed rent
Rent Income per year
€55000
Rent Income per month
€4583
Profitability
6,4%
Payback
15,6 years
Installment
Mortgage
Purchase Cost
Agency commission
7,14%
Tax on the purchase
6,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
OTHER INFO
FEATURES
Commercial property with tenant in Germany for sale
Commercial property with tenant in Brandenburg for sale
Office building with tenants in Germany for sale
Office building with tenants in Brandenburg for sale
ATTRIBUTES
Total Area: 7300 sq m
Parking: yes
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