Property Investor Abroad

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 £
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