Monday, November 22, 2010

German properties | Properties Germany | Property Investment

 

Features:
  • Fully tenanted
  • An amazing yield of 11.51 p.a.
  • Newly built in 1992
This property is located in the town of Zwenkau (pop.9.000) which is part of a bigger city (Leipzig). It takes about 16 minutes to reach Leipzig City Centre. Built newly in 1992 and has been perfectly kept in a good condition. The building comprises of 8 units in total, 1 of which is commercial and the rest all residential. Fully tenanted with an amazing yield of 11,51% p.a.

Condition wise, the property is in no need of any immediate repairs. All apartments are equipped with Laminate/textile flooring, tiled bathrooms and kichtens, balconies. Parking facilities are avaialble for the tenants.

The city lies about 15 km south of Leipzig and 3 km northwest of the industrial site Böhlen / Lippendorf with its landmark, Lippendorf Power Station. A former open-cast mine extending from the northeast of Zwenkau to its northwest was set on September 30, 1999 and is currently being rehabilitated and converted to Lake Zwenkau. Leipzig city centre can be reached within less than 16 minutes. Public transport is available to all tenants in the vicinity of the property. Shops of all kinds, children' s garden, sports fields, schools, clinics, hospitals, pubs, restaurants and shopping centre are located nearby.

Zwenkau is the oldest city in the district of Saxony.

We would also be helpful in organising the finance for this building if required.

Please feel free to mail or call at any time for more information or to arrange a viewing.

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Daft Property Shortcode:
www.daft.ie/7818605

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