Investment apartment at 81 Wolska Street in Warsaw, just about 200 metres from Płocka Metro Station. The 59.35 m2 property now functions as a ready-made business rental of six independent rooms, prepared and equipped for students and young people working. It is a proposal for an investor who is looking for real estate with a functioning rental model, complete equipment and the possibility of continuing the current management method. The lease model is already in operation and the property is currently rented. INVESTIGATION MODEThe living room is now in the form of renting six independent rooms. Current result: about PLN 8,000 a month after taking into account administrative rent, media and costs of professional management. With full coverage, the potential revenue from the lease is approximately PLN 9,000–11,000 per month, without media. The current lease rates are PLN 1 100–1 700 per month for room with annual contracts, PLN 1 700–2 200 per month for room with six-month contracts. At the current offer price, the owner estimates a return rate of around 8.7% . The new owner may continue to cooperate with the current management company, take over the management of the lease in its own right or entrust it to the company of its choice. LOCATIONThe apartment of 59.35 m2 is located on the 12th floor and was functionally prepared to rent six independent rooms.The property consists of:6 independent rooms,2 full bathrooms,2 toilets,2 showers,a kitchen,a balcony owned by one of the rooms. A big asset are panoramic views of Warsaw from each room. The apartment underwent a general renovation in 2018, including the exchange of electrical installations to copper. The property was also recently refreshed and supplemented with new equipment elements. EQUIPMENT Each room is fully furnished, with a bed with a mattress, a desk with a chair, a wardrobe, shelves and a lamp. The common parts include a equipped kitchen with fridge, induction board and microwave, as well as a washing machine, iron and ironing board. The tenants also have access to fiber optics. LOCALISATION One of the key assets of the property is the location - about 200 metres from Płocka metro station.In the immediate vicinity there are also tram and bus stops, providing quick and convenient access to the rest of Warsaw. The location on Wola, in the immediate vicinity of the metro and numerous communication connections, is well suited to the needs of the target group of this rental model — students and young professionals. ADDITIONAL INFORMATIONfull ownership, basement,possibility to purchase with credit support,new elevators in the building,possibility to use the fenced parking lot of the cooperative after obtaining the allocation,possibility to easily restore the original layout of the apartment with 4 rooms,possibility to continue to rent or use the apartment for its own needs,as well as the property is provided with knowledge of the lease operation and patterns of the contracts used. It is a ready-made investment model that combines the property in an attractive location with a functioning lease and the possibility of further revenue development. PRICE1 099 000 PLNAdministrative rent: 1590 PLNWe invite you to contact and arrange a property presentation. We speak English and Ukrainian!
Translate
Polski
