It is a newly constructed building in the capital Hessen.
Description
The total area of the six-storey building is 760 m².
The ground has a restaurant/cafe unit area of 157 m². Floors from first to fourth accomodate offices. The fifth floor and the attic accomodate penthouse area of 163 m² with a beautiful rooftop terrace.
There are storage rooms in the basement.
The property was built in 2016 and is in excellent overall condition.
68% of the areas are already leased out.
Absolute income is 163,728 €.
Projected income (full occupancy) is 241,438 €.
The current yield of 2,4%.
The projected yield of 3,6%.
Notary fee of 1,5%.
RE purchase tax of 6%.
The broker's fee of 5,95%.
The property is situated near the famous shopping mall, hotel and courthouse.
Two parks, bus stops, metro and train station are within the walking distance.
Frankfurt Airport is within 25 minutes drive.