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No Longer Available : Commercial for sale in Germany

Property Details

Property: Commercial (Resale)
Bedrooms: N/A
Bathrooms: N/A
Receptions: N/A

Commercial in Goerlitz Saxony, Germany

Features

Yield 8.9% - apartment house in Saxony

Yield 8.9% - apartment house in Saxony

We have available a mixed residential/commercial building in Goerlitz, Saxony. The period property dates back to 1900 although modernised in 1995.

The five storey property comprises of four residential (262m2) and four commercial units (568m2) on a plot size 693m2.

The total floor area of 830m2 delivers an annual rental income of 64,696 euros - a very attractive yield of 8.9% !!

Goerlitz is a lovely historical city on the border with Poland, 100 km east of Dresden and less than 3 hours drive south-east of Berlin. It has a rich architechtural heritage, for example the oldest civil renaissance buildings in Germany. Its population exceeds 56,000 and is a very popular tourist destination.

The property is available at a very attractive 873 euros/m2.........

Location

City

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