Office building with living space.
Description
The property consists of 20 commercial premises and 2 penthouses with a total area of 1,570 m².
Commercial area: 1,257 m².
Living area: 312.68 m².
Major repairs were made in 2012–2014.
Equipment:
- Elevator
- Triple insulated glazing
- High quality laminate/ parquet
- Terraces
- Photovoltaic system on the roof (covers about 20% of electricity consumption)
- 14 basements
- 9 garages and 15 parking spaces
Absolute annual income is 196,090 €
Projected annual income: 253,491 €
Current yield is 4.5%
Predicted yield: 5.8%.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 4,5%.
The facility is located in one of the districts of Hamburg with a population of about 26,000 people.
The district is located at the intersection of the B 431 roads and the Rugenbarg, Dikmeg and Langelohstrasse motorways.
There are 17 day-care centers for children, 48 physicians in private practice and 6 pharmacies.
It is also served by the rapid transit system of the city train lines S1 and S11.
