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5 300 000 €

Commercial property in Zwickau, Germany, 13 000 sq.m

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  • Commercial property in Zwickau, Germany, 13 000 sq.m - picture 1
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  • Commercial property in Zwickau, Germany, 13 000 sq.m - picture 1
  • Property ID on Prian.info: 3752352
    Property ID on company's website: 2477
    Last update: 26.04.2024
    Number of views: 2331

5 300 000 €

Commercial property in Zwickau, Germany, 13 000 sq.m

13000 sq.m 7.4% per year

  • Property ID on Prian.info: 3752352
    Property ID on company's website: 2477
    Last update: 26.04.2024
    Number of views: 2331

Specifications

Sale price 5 300 000 €
Price per square meter 407.69 €
Floor area 13 000 sq.m
Construction phase Resale
Date of construction 1996
Address Germany, Zwickau

Additional services

  • Property management company

Finance

Profitability
Annual return 7.4 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 390 000 €

Annual rental revenue, excluding operating expenses

Pay-off period 13.5 years

Rental income covers all the expenses in

Business expenses
Not included in the price
Commission fee 7.14 %
Tax 5.5 %
Notary Services 1 %
Other expenses 0.5 %

Description

Commercial real estate in the land of Saxony is presented to your attention. The property is located in the southwestern part of the state of Saxony, southeast of Zwickau and about 100 km southwest of the state capital Dresden, a short drive from the A 72 motorway.

The property consists of two buildings that were built between 1995 and 1997 on two plots of land with a total area of 36,500 sq.m., and consists of commercial premises with workshops, warehouses and office space.

The premises are fully leased for a long-term lease until the end of 2031.

Cost — 5,300,000 Euros

The plot area is about 36,500 sq.m.

The total rental area is about 13,000 sq.m.

Rental income — 390,000 euros/year

Profitability — 7.4%

Saxony is a federal state within the Federal Republic of Germany, located in the east of the country. The capital is the city of Dresden. Saxony is bordered to the west by Thuringia and Saxony-Anhalt, to the north by Brandenburg, to the east by Poland, to the south by the Czech Republic and to the southwest by Bavaria. The border is about 1190 km long . Saxony is the easternmost land of Germany. It has a long industrial tradition. The largest cities are Leipzig (more than 590 thousand inhabitants), Dresden (about 550 thousand inhabitants).

Do not miss the opportunity to purchase a Logistics center in Saxony!


Representative

Igor Siebert
CEO
Languages: english, german
Show phone number