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Office center in Baden-Wuerttemberg with a projected yield of 6%

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Office center in Baden-Wuerttemberg with a projected yield of 6%

6,800,000 €
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Total area: 2,779 m² Yield: 6.0%
  • Absolute return: 410,510 €
  • Land area: 1,135 m²
  • Built in 2016
  • 5-floor building
  • Renter: 100%
  • Number of parking lots: 30
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.6%

It is an office building under construction in one of the major cities of Baden-Wurttemberg.

Description

Mixed-storey building with a total area of 2,779 m² is located on a plot of 1,135 m².

Construction of the building had started in the I quarter of 2015, and the completion is scheduled for the II quarter of 2016.

There will be the parking for 30 places.

Financial performance

Projected income (at full employment) will be 410,510 €.

The projected yield of 6%.

Loan

Tenants

The property is vacant.

Transaction costs

The broker's fee is 242,760 €.

Location

Office center is located in one of the largest cities in the state of Baden-Württemberg close to the border with France. The city has many green areas and parks.

Transport infrastructure in the city is characterized by good motorway accessibility, nearest airports, connection to the national railway and a well-developed public transport.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Baden-Wurttemberg
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