House / Villa For Sale in Saxony,

Price:€195,833    £ $		Agent Information
Condition:	Unknown
Property Type:	House / Villa
Bedrooms:	Studio
Bathrooms:	Unknown
Receptions:
Status:	Available

Harrison Stone are marketing this house / villa for sale in Germany

Code: FBVS1305Price: €195833Offer: Tenanted apartment building with one vacant office with a 12% yield.Location: Werdau in Saxony, GermanyRooms: 2 commercial units, 7 apartmentsStar Rating:Management:Description:APARTMENT HOUSE WITH 12% YIELD - SAXONYThis attractive apartment house is located in the pretty market town of Werdau in Saxony. Werd ... moreau is a typical residential town in Saxony located 50km east of Chemnitz and 80km south of Leipzig. The town, situated on the River Pleisse, has a population exceeding 23,000 with a history associated with textiles but more recently with precision engineering linked to the automobile industry. In addition the town is a tourist attraction set amongst the green rolling hills of Saxony.The apartment house comprises of two commercial (347m2) and seven residential units (430m2). All units are tenanted with the exception of one commercial unit - an office (75m2). The property dates back to 1922 however was modernized in 1992/3. The rental income exceeds 23,500 euros per year which equates to a terrific yield of 12%.This property has a prime, town centre location near to the main office and shopping areas and adjacent to the beautiful town hall. This is a terrific investment property available at only 252 euros per m2 !!Markt, 08412 WerdauTypePositionSize m²Statecold rent p.a.commercialgroundfloor272.00tenantedcommercialattic75.00vacant7 residential units430.00tenantedTotal777.0023,500.68 €Amazing investment for under 200 000 eurosLocation: City/TownRegion: SaxonyProperty Type: ResaleCategory: InvestmentBedrooms:Bathrooms:Swimming Pool: NoOutside Areas: NoTo request further details please use the Contact Us link below.To view more properties from Harrison Stone click the 'More Properties' link below. ... less