Office building, Hamburg, Germany

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Office building, Hamburg, Germany

31,000,000 €
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Total area: 18,200 m² Yield: 7.4% Built in 1997
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Features
  • Operating Incomе: 2,300,000 €
  • Occupancy: 100%
  • Number of parking lots: 200
  • Leasable area: 16,000 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 4.5%

Оffice building in the commercial center of Hamburg.

Description

The property consists of 12 office premises with an area of 1,300 m².

The building was built in 1997 and is constantly renovated.

There is parking for 200 cars in the territory of the office.

Equipment

  • four passenger and two freight elevators
  • ceiling height is from 3,5 m to 4,5 m
  • carrying capacity — 500 kg/ m²

Financial performance

The absolute annual income is 2,300,000 €.

Current yield is 7.4%.

The projected annual income is 2,460,000 €.

The projected yield is 8%.

Tenants

The premises are fully leased to three tenants.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 4.5%.

Location

The office building is located in the commercial center of Hamburg.

There are the main highways nearby, that connect the property with the main areas of the city.

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Enquire about this office building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services