Commercial property 1 535 m² in Regierungsbezirk Duesseldorf, Germany

Object type: Apartment building with annex Year of construction: 1963 State of the facility: Comprehensive reconstruction in 2013 The following works have been performed: - plaster of walls with painting of high quality paint, - plastic windows with triple glazing unit are installed, - solar panels and rainwater collection system are installed on the roof, - new balconies and terrace in the main house, - loggia and terrace in the annex, - central satellite antenna is installed, - new water supply and drainage lines, - electrical and heating systems are completely updated, - kitchens and bathrooms renovated and laid with a tile, - in other living rooms there is a new high-quality laminate, - all walls are screwed and painted, - all plumbing faience is replaced, - all new doors are installed, - complete waterproofing is performed in the basement, - the attic floor is extensively repaired, the floors are installed with heating, - staircases repaired and equipped with motion sensors, - new doorphones and mailboxes are installed. Land area: 637.00 m2 Area to be handed over: 1.535.00 m2 Commercial tenants: 2 Number of apartments: 14 Annual cold rent 120.120 EUR Price of the object under the contract: 2.100.000 EUR. Yield: 5.72% Consulting services 3.57%: 74.970 EUR