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Commercial property 975 m² in Hamburg, Germany

Germany
€1,03M
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Commercial property 975 m² in Hamburg, Germany
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  • Country
    Germany
  • State
    Hamburg

Property characteristics

Property parameters

  • Total area
    Total area
    975 m²

Description

Germany Hamburg Commercial Building in Hamburg Commercial Building in Hamburg - the second largest (after Berlin) city in Germany. The building consists of production, storage and administrative premises. Land area: 2411m2 Leased area: 975m2 Year of construction: 1992 Overhaul and modernization: 2003, 2015. The building was leased for long-term rent until 2024 (the beginning of the lease in 2014). Lease income per year: 72 120 € Return on investment: 14.3 years Net profitability: 7 % Price: 1 030 000 € Purchase costs: property transfer tax 4.5 % (46 350 €) notarial services 1.5 % (15 450 €) brokerage commission 6 % + VAT19 % (61800 € + 11742 €) Total costs: 135 342 € Object price including purchase costs: 1 165 342 €
Updated at: 03/11/2023

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Germany
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Commercial property 975 m² in Hamburg, Germany
Germany
€1,03M
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