A building with office premises.
The useful area is 827 m².
The property was built in 1997.
Absolute annual income is 67,656 €.
The current yield of 2.8%.
Financial performance after the increase in rent:
Projected annual income is 120,914 €.
The projected yield of 4.9%.
There are 12 tenants in the building.
The WALT is 1.8 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
Brokerage fee is 7.14%.
The property is located in the Pankov area. Bus stops, shops, car dealerships and a bakery are situated not far from the building.