A six-story building with residential and commercial premises.
The commercial center consists of 28 apartments and 10 commercial units. There is an elevator in the building.
The residential area is 1,674 m².
The commercial area is 3,002 m².
There are 6 garages on the plot. Also there are several parking spaces near the building.
The building was built in 1973.
Absolute annual income is 384,760 €.
The current yield of 5.9%.
The anchor tenant is a government institution.
The lease agreement is valid through 2027.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 4%.
Location and nearby infrastructure
The property is located in the Düsseldorf-Garat district. This is the southern part of the city, which abuts on Benrat and Urdenbach.