Office building in Munich

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Office building in Munich

3,200,000 €
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Total area: 2,064 m² Yield: 6.2% Built in 1982
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Features
  • Operating Incomе: 199,304 €
  • Land area: 1,939 m²
  • Occupancy: 100%
  • Minimum owner's capital: 1,600,000 €
  • Number of parking lots: 30
  • Most recent total renovation: 2007
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 7.1%

It is an office property in Munich.

Description

The object was built in 1982, an extension was made in 1988. The total area is 2,064 m².

Extensive renovations has been carrying out from 2004 to 2007 (facades, entrance canopies, soundproofing, heating, cabling CAT 7, partial installation of air conditioners). In 2012, the installed Photovoltaic solar energy system to ≈45 kW has been installed in 2012, the benefit is 12,000 € per year.

The building is in good overall condition. Office space fully meet modern requirements and are equipped with spacious wardrobes. There is also 1 apartment in the building.

There are 30 parking spaces, 12 of which are in garage.

Financial performance

Absolute income is 199,304 €.

The current yield of 6,2%.

Tenants

All premises are leased, two tenant companies signed contracts to 2017, one to 2019. The apartment is leased in perpetuity.

Location

The facility is located 15 km north from the center of Munich.

You can get to the airport in just 15 minutes by car via motorway A92 or by metro.

More properties

If this property wasn’t for you, take a look at other office buildings for sale in Germany.

You can see more office buildings for sale in Munich elsewhere on our website.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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