Office premises on the ground floor of the building.
Description
The property consists of 4 office premises, a mini-kitchen, a toilet and a storage space in the basement.
There is a possibility to buy 2 parking spaces on an underground parking. The cost of a parking space is 50,000 €.
The building was built in 2001.
Financial performance
Absolute annual income is 24,102 €.
The current yield of 2.9%.
Transaction costs
Notary (state registration) is 1.5–2%.
Acquisition tax is 3.5%.
The broker's fee of 3%.
Location and nearby infrastructure
The office is located in the Schwabing district. Public transport stops, metro station, shops and cafes, the Leopoldstrasse boulevard and the Englischer Garten park are situated not far from the building.
