Features:
- 16% yield as it is!!!
- Almost fully tenanted!
- Achievable yield can reach up to 20%!!
- Fully refurbished in 1995
This property was built in 1920 and fully refurbished not long ago in 1995. The building comprises of 7 units. 1 of which is commercial and the rest is all residential. The property has a rentable area of 353,50m². Currently, one unit is the process if re-letting. This almost fully tenanted building is achieving as it is an amazing 16,67% p.a. and has the potential of achieving up to 20% yield p.a. The property is located in Zwickau. It is situated to north of Zwickau within the city centre ring. An access is available to shops, bars, schools, restaurants, clinics etc. Zwickau is located in Germany, former seat of the government from south-western region at Free State of Saxony, belongs to an industrial and economical core region. Nowadays it is the capital city of country district Zwickau. The city is situated in a valley at the foot of Erzgebirge and also part of the so called Saxon triangle metropolitan area, a network of economical relations with Leipzig-Halle, Dresden. The city counts slightly below 100,000 inhabitants, has a regional catchment for over 480,000 people. The city can be easily accessed by car through the nearby Autobahns A4 and A72. Along with a railway main station (Zwickau-Hbf) the city is also reachable by a public airfield with small aircraft.
Zwickau, also known as city of Automobiles and Robert Schumann, is the cradle of Saxon automotive industry with an over one hundred years old tradition. The city has a long and glorious history in automotive development and in automobile industry along with Auto Union. Well known over Germanys border are trademarks as Horch, Audi, Sachsenring and Volkswagen. The " Westsächsische Hochschule Zwickau" - University of Applied Siences - has therefore always been an important centre of automotive evolution. The German ADAC City Guide recently wrote: The town of Zwickau has transformed itself over the years from a traditional mining town into an elegant Art-Nouveau town, which is well worth discovering. For further information on this property, please contact properties24 any time. Alternatively you can register FREE on our website www.properties24.org to receive regular email updates on new properties as well as latest price updates.
Zwickau, also known as city of Automobiles and Robert Schumann, is the cradle of Saxon automotive industry with an over one hundred years old tradition. The city has a long and glorious history in automotive development and in automobile industry along with Auto Union. Well known over Germanys border are trademarks as Horch, Audi, Sachsenring and Volkswagen. The " Westsächsische Hochschule Zwickau" - University of Applied Siences - has therefore always been an important centre of automotive evolution. The German ADAC City Guide recently wrote: The town of Zwickau has transformed itself over the years from a traditional mining town into an elegant Art-Nouveau town, which is well worth discovering. For further information on this property, please contact properties24 any time. Alternatively you can register FREE on our website www.properties24.org to receive regular email updates on new properties as well as latest price updates.
Daft Property Shortcode:
www.daft.ie/7816400
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