| Price:€480,000 £ $ |
Agent Information |
| Condition: |
Ready for occupation |
 |
| Property Type: |
Apartment |
| Bedrooms: |
9 |
| Bathrooms: |
7 |
| Receptions: |
7 |
| Status: |
Deleted |
Berlin Real Estate Centre are marketing this apartment for sale in Germany
Like Dresden, Leipzig is one of the fastest growing cities in Germany. In recent years Leipzig has attracted large and iconic companies such as Siemens, Porsche and BMW to relocate to this city.
Leipzig is also increasingly recognized as an important location for banks and other institutions like the energy supplier Verbundnetz Gas AG and Ki ... morenowelt GmbH, one of Germany’s biggest film companies.
In the 1990s large areas of Leipzig were completely restored via government subsidies that lifted property values and standards of living.
Since 1998 Leipzig has experienced a huge rise in population with increasing demand in large quality apartments.
There is already a shortage of high standard apartments. Not only is the demand great, but with the presence of so many large industries, the economic climate is robust and secure.
The Property on offer is a block of 7 residential apartments and all apartments, except the first floor are currently tennanted.
This block of apartments was built in 1900 and completely modernised in 1992. Many original art deco elements were restored during the renovations.
It consists of 7 apartments over four levels. There are six 1-bedroom and one 3-bedroom apartments.
All apartments except the lower ground are currently tenanted.
Condition/State:
This modern building is in excellent condition and offers comfortable, maintenance free living.
Conclusion:
Well-kept property in a great location for long term, secure and profitable capital investment
Kasseler Straße 9
7 Residential Apartments in Leipzig-Gohlis
Total Rental Space: 482.02 sqm
Number of Apartments:
7 Residential units
Net rent per year:
24,595.00 p.a.
(when all tenanted and after rent increase)
Price:
480,000.00 ... less
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