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Hauptstr., Waldheim

EUR 760,000

Waldheim is a market town in the district of Doebeln, Saxony located on the Zschopau River, 9 km south west of Doebeln and 28km north of Chemnitz.This picturesque area of rivers and valleys is noted for the diversity of its countryside, animal and plant life.

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Hauptstr.

Hauptstr. , Waldheim, Germany

Status	Available
Price From	760,000 EUR

About the Development

City: Waldheim
Street: Hauptstr.
Tenanted: yes
Type: Apartment Block
Size: 1414,48 m²
Price from: 760,000 EUR

ANTICIPATED YIELD OF 10.9%!!

This residential apartment block comprises of 32 residential and 1 commercial unit on a plot size of 2110 m². The total floor area is 1414m² which equates to a purchase cost per square metre of only 520!! The apartments range in floor area between 33 and 69 m².This large plot offers ample gardens and car parking areas.

There are two residential units unoccupied at present, however, the current rental income exceeds 78,500 per annum. With all units occupied, the rental income would be 82,800 per annum offering an incredible yield of 10.9%.