An attractive, corner site property that was modernised in 1996 having been originally built in 1912. The apartment house comprises of six residential units with a total floor area of 410m2. The apartments range between 50 - 75 m2 and are all tenanted. The refurbished apartments have a cellar and central heating.

The property is located in Werdau, a typical residential town in Saxony located 50km east of Chemnitz and 80km south of Leipzig. The neighboring town of Zwickau (population 96,000) is only 8 km. Werdau, situated on the River Pleisse, has a population exceeding 23,000 with a history associated with textiles but more recently with precision engineering linked to the automobile industry. In addition the town is a tourist attraction set amongst the green rolling hills of Saxony.

The six tenanted apartments deliver an annual rental income in excess of 17,800 euros - an excellent yield of 12%!!

This imposing building is being sold at the very competitive price of only 362 euros per m2.

Ref: FBSI1674
Size: 410 m2
Type: Apartment Block
Street: Bahnhofstr.
State: Saxony
Tenanted: yes Yield: 12 %
City: Werdau

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