A building with office premises.
Description
The useful area is 827 m².
The property was built in 1997.
Financial performance
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%.
Tenants
There are 12 tenants in the building.
The WALT is 1.8 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.0%.
The broker's fee of 6%.
Location
The property is located in the Pankov area. Bus stops, shops, car dealerships and a bakery are situated not far from the building.
