Description:
TODO180
Superb opportunity to acquire this 3 level building with fitted-out attic as well as trade area in one of the most desirable areas in Düsseldorf.
The whole building with 16 apartments was built between 1953 and 1964 and have been recently modernised. Numbers 28 and 30 are almost identical residential buildings with some trade areas in the courtyard. Number 32 is an office building with a large gateway to the shed and parking spaces in the courtyard. The vacant space in the office building could be developed into more rental apartments. There is also the possibility to sell some of the apartments later on. In the area the prices are 2150 Euros/ sqm. The shed will be redone and rented out as a drinks cash-and-carry.
Total area: 4302 sqm.
Purchase price: 3,650,000 Euros (VAT to be clarified)
Yield: 7.56 % (currently 6.27%)
