Property Investor Abroad
For Sale - Saxony, Germany
Enquire On This Property
€1,957,000
Saxony, Germany
Commercial Centre & Petrol Station - Dresden 9.6% Yield. Commercial units and a petrol station fully tenanted in Dresden.
Property is situated on a busy street - All units are fully occupied and there are always parties asking for a lease contract.
Room for rent increase up to regional average which will bring yield to 10.3%.
There is an efficient, property managing company in place.
Distance to center of city: 1.5km.
Plot size 9,900 sqm
Rentable area 4,778 sqm
100% Rented
Purchase price €1,957,000 + Costs
Net Rent €187,680 = Net Yield of 9.59%
No renovation work required.
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Exchange rates
1 € = 1.46397 $
1 € = 0.90086 £
To enquire about this property click here
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