A warehouse in a detached building.
Description
A total area of the building is 1,277 m².
The property was built in 1991.
A parking for 15 cars is included into the cost.
There is another building on the plot which the proprietary is planning to sell on its own. It is possible to buy the two properties together.
Financial performance
Absolute annual income is 87,072 euro.
The current yield is 9.07%.
Tenants
A lease agreement is valid for 2 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The broker's fee of 3%.
Location
The property is located in Dresden with population of about 550,000 people. Dresden is an administrative center of Saxony and is one of the largest industrial, transport and cultural districts of Germany.
