Kindergarten, Frankfurt am Main, Germany

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Kindergarten, Frankfurt am Main, Germany

1,750,000 €
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Total area: 270 m² Yield: 3.6% Built in 2018
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Features
  • Operating Incomе: 63,000 €
  • Occupancy: 100%
  • End of lease: 2033
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 5.0%

A kindergarten on the ground floor of a residential building.

Description

The kindergarten is designed to accommodate two groups of children under 3 years old. 

The building was constructed in 2018. 

The property includes: 

  • entrance with ramp and lift for wheelchairs 
  • two rooms for classes 
  • two lounges 
  • cafe for parents 
  • office space 
  • toilets 
  • utility room 
  • stock 
  • places for prams 
  • garden plot

Financial performance

The absolute annual income is 63,000 €.

The current yield of 3,6%.

Tenants

The property is leased.

The lease agreement is valid for 15 years.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 6,0%.

Brokerage fee is 5% + VAT 19% (total 5,95%).

Location

The kindergarten is located in the center of Frankfurt am Main, in the prestigious Nordend-West district.

This part of the city has a developed infrastructure, including such places for leisure as city parks, theater.

The convenient location of the district allows you easily reach all attractions in Frankfurt by public transport or on foot.

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Enquire about this office
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Frankfurt am Main
+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