Gesundheitswesen - 20 Jahre fest

Germany, Hagen
€5,34M
;

Location

  • Country
    Germany
  • State
    North Rhine-Westphalia
  • City
    Hagen
  • Address
    Langenkampstraße

Property characteristics

Building parameters

  • The year of construction
    The year of construction
    2023
  • Number of floors
    Number of floors
    2

Property parameters

  • Rooms
    Rooms
    30
  • Total area
    Total area
    1 182 m²

Investment params

  • Yield per year
    Yield per year
    251000%

Description

Dear Interested Parties,

 

On the former Hoesch AG property, a comprehensive redevelopment project is underway. Alongside the intensive care unit being offered here, the site will also host a five-group daycare center, an additional care facility for assisted living with approximately 80 patient rooms, and two residential buildings with 30 apartments. Over the next one and a half years, the entire area will be thoroughly modernized.

 

The offered LenneQuartier is situated on a 1,207 sqm freehold plot. The residential and usable space is divided into two buildings. One building accommodates 20 intensive care places, and the other is an office and administrative building with changing rooms, showers, meeting rooms, and offices, all of which have been assumed by the tenant. The entire property encompasses a residential and usable area of 1,182 sqm. The property is fully leased, with the tenant already operating their care service. The 20-year lease agreement, with extension options, runs until 07/2043 + 5 + 5 years. (07/2048 - 07/2053)

 

The property offers an attractive yield of 4.7% and generates rental income of approximately €251,000 annually, equivalent to around $276,000 USD or $420,000 AUD. A significant advantage is that the rent is fully indexed to inflation annually, ensuring that returns keep pace with rising costs. Furthermore, all expenses related to the property, including maintenance, insurance, and other operational costs, are borne by the tenant.

 

In only 10 years, with an annual inflation adjustment of 2.5%, the rent of €321,301.22 will be approximately: $359,857.37 USD, $539,786.05 AUD

 

To enable the intensive care unit's operation, a fire alarm control center, medical osmosis systems, and a bed lift have been installed. A terrace directly by the Lenne River between the two buildings offers additional recreational value for patients, relatives, and staff. Enlarged window areas allow patients to enjoy the beautiful view of the river. Additionally, air conditioning units have been installed in each patient room to ensure optimal care and a pleasant atmosphere during the summer months.

 

Investors will find this property particularly appealing due to its hassle-free management. With only one tenant—a major medical service provider—the need for active property management is significantly reduced. This reputable tenant is highly reliable, ensuring rent is paid in full and on time. This makes the investment not only lucrative but also low-maintenance, providing peace of mind to the investor.

 

Sincerely,

Posted at: 26/07/2024
Updated at: 26/07/2024

Location on the map

Germany, Hagen
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