TENANTED APARTMENT HOUSE WITH 12% YIELD - SAXONY

This fully tenanted apartment house is in Werdau, Saxony. Werdau is a typical residential town in Saxony located 50km east of Chemnitz and 80km south of Leipzig. The town is a tourist attraction set amongst the green rolling hills of Saxony, situated on the River Pleisse, with a population exceeding 23,000 and a history associated with textiles but more recently with precision engineering linked to the automobile industry.

This apartment house comprises of six residential units (366m2) and a detached garage to the rear of the property. The property is in excellent order throughout and delivers an annual rental income of 17,100 euros - a terrific yield of 12% !!

All this is available at the bargain price of 389 euros per m2.

TENANTED APARTMENT HOUSE WITH 12% YIELD - SAXONY

Location: City/Town
Region: Saxony
Property Type: Resale
Category: Residential
Bedrooms:
Bathrooms:
Swimming Pool: No
Outside Areas: No

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