+49 (0)30 3087448-0

Tenanted residential and commercial block with 2.25% yield

Weissenfelser Str., 04229 Leipzig

Ref: FBMK4186
Apartment Block 
970.000 €
  • City
    Leipzig
  • Region:
    Suedwest
  • Size:
    661.65 m²
  • Price:
    970.000 €
  • Rooms:
    0
  • Status:
    for sale
  • €/m²:
    1466
  • rented
    yes

Tenanted residential and commercial block with 2.25% yield

This block in Leipzig was built in 1900 and has been refurbished since than in 1995. It consists of a divided frontbuilding with six apartments and two commercial units and a undivided rearhouse with 4 Apartments. The all over size is 661.65 m².

The annunal rent income is currently 21.791 € which is a yield of 2.25%. However four units are vacant at thsi Moment. Being completely tenanted the block generates a yield of 4.48%.

Note: outside commission of 7.14% incl. VAT is not included in the purchase Price.

Located in Plagwitz-Leipzig

Which was formerly an industrial area nowadays develops to a young, cultural versatil district which offers a lot of living
space with its carrying refurbishments of old industry buildings.
The Karl Heine Sewer invites for nice walks next to the water. Shopping and recreational facilities, as well as restaurants,
bars and cafeterias are near by.

Widerrufsbelehrung

Conditions Withdrawal You have the right to cancel this contract within fourteen days without giving any reason. The withdrawal period is fourteen days from the from conclusion of the brokerage contract (2017.08.19). To exercise your right of cancellation you must notify us at Frontline Berlin GmbH by means of a clear statement (eg, by post, fax or email) of your decision to withdraw from this contract. In order to observe the revocation period it is necessary for you to send the notification about your withdrawal before the withdrawal deadline. Effects of withdrawal If you withdraw from this contract you are entitled to a full repayment of the payments made by you. Refunds will be paid within fourteen days from the date on which the notice is received by us. For this repayment, we use the same method of payment that you used for the initial transaction, unless you explicitly agree otherwise where you will be charged any appropriate fees for this repayment.

Provision

The receiver of this Expose confirms that the project and, or property detailed above, has been introduced, presented, visited or demonstrated by FrontLine Berlin GmbH. The information within this agreement is confidential. This agreement is not transferrable to other parties and is exclusively between the signatories. In the event of a client purchasing a property through an introduction by FrontLine Berlin then a commission of 7.14% of the purchase price is payable to FrontLine Berlin by the buyer. This commission payment is due at the time of the notary certification of the purchase agreement. In the event that a purchase of the above property is concluded through a third party then the commission (including tax) to FrontLine Berlin remains payable as a result of the initial introduction. FrontLine Berlin reserves the right to collect this commission from the purchaser and, or agent in connection with the above property. All information provided to the buyer is as provided by the seller and FrontLine Berlin cannot be held responsible for the accuracy of such information. FrontLine Berlin are acting as intermediaries in respect of specifications, terms and conditions of sale and statements made via the seller.



GmbH - Reinhardstr. 19, 10117 Berlin - Tel: +49 (0)30 30874480 - Email: info@frontlineberlin.com 19.08.2017 05:52:16
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