| Living area approx. | 1081 m² |
|---|
| Plot area | 5752 m² |
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| Usable floor area | 2122 m² |
| Purchase price | 1.250.000 € |
|---|---|
| Price per m² | 1,156.06 €/m² |
| Commission | 74.375 € |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsThe property offered here is a newly built residential complex on a 5,752 m² plot, within walking distance of Lake Geiseltalsee in Frankleben.
The centrally heated property was built in 2001. The left building was completed at that time and has been rented out ever since. The complex was planned as a whole, but the right-hand section of the building was never finally completed. The entire property has recently come into a single ownership, and initial measures have been undertaken to complete the remaining apartments.
The building complex consists of 21 residential units of varying sizes from approx. 57 m² to 163 m² and one commercial unit. This is located on the street-facing ground floor and has an area of approx. 80 m². Conversion into a residential unit is conceivable. The remaining ground-floor apartments in the left-hand section of the building are barrier-free. The upper floor mainly contains spacious maisonette apartments with their own entrance doors. Some of the apartments extend over three floors and have more the character of independent terraced houses. At the rear of the building complex there are two further five-room maisonette apartments with 160 m² of living space. These are connected by a large terrace.
The right-hand section of the building was constructed largely identically to the left-hand side. The measures recently undertaken include replacing the windows and extensive interior completion work.
In 2023, a new oil-fired condensing boiler was installed, which can prospectively supply both sections of the building with hot water.
Behind the building there are approx. 14 parking spaces, some covered, which are currently available to tenants free of charge. Adjacent to the parking spaces is a green area of approx. 3,000 m².
Overall, the completed section provides approx. 1,081 m² of lettable living space with annual net cold rent of €49,136.76. The rent has not been adjusted since the complex was built. Following the successful completion of the entire complex, a lettable area of 2,122 m² can be created.
A sale in its current condition is possible, with the buyer completing the residential complex as the property developer. Alternatively, a turnkey purchase would also be possible; in this case, the current owner would act as the general contractor.
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For further information and insights, visit our homepage: www.kuenne-gruppe.de Would you like to sell your property? Whether it is an apartment building or detached house, condominium, plot of land, or new-build or developer project. We broker your property competently, transparently, and swiftly throughout Germany.
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