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Dental clinic in Milan with a 3,6% yield

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Dental clinic in Milan with a 3,6% yield

2,909,000 €
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Total area: 330 m² Yield: 3.6%
  • Absolute return: 106,000 €
  • 5-floor building
  • 1 floor
  • Renter: 100%
  • Broker: 3.0%

It is a dentistry investment on the ground floor of an apartment house in Milan.

Description

The total property area is 330 m², 180 m² of which are on the ground floor and 150 m² in the basement.

The property is fully leased out.

It is possible to use the area as a street retail.

Financial performance

Absolute income is 106,000 €.

The current yield of 3,6%.

Broker's fee of 3% + VAT.

Tenants

Tenant is a major dental company.

The lease agreement is signed for 12 years until 2027.

Location

The clinic is located near the famous Navigli canals.

There is one of the most famous hotels in Milan across the street.

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