| Type | Mixed residential and commercial building |
|---|---|
| Living area approx. | 373 m² |
| Year built | 1930 |
| Available from | Nach Vereinbarung |
|---|---|
| Heating | Central heating |
| Fuel type | Gas |
| Plot area | 2115 m² |
|---|---|
| Parking spaces | 18 |
| Condition | Modernised |
| Floors in the building | 3 |
| Purchase price | 1.850.000 € |
|---|---|
| Price per m² | 4,959.79 €/m² |
| Commission | no commission for buyers |
| Recoverable owners' fees | 45.000 € |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsThis property is an estate with history. At the time it was built, the former "Waldrestaurant" had a number of unique features. Older Rostock residents know it as "Zum Schuster." A total of 7 apartments are distributed over three floors; a commercial unit that has been rented to the same tenant for more than 20 years is located by the property's own parking area. All garages and possible advertising spaces have been rented. The rental income can certainly still be increased.
All rental units are continuously occupied. Vacancies due to a lack of prospective tenants never occurred; only occasionally, for renovation purposes when re-letting, was a particular rental unit vacant for one month. The property was managed by the owner. There have never been, nor are there currently, any disputes with tenants or neighbors requiring resolution in court.
The property will be handed over free of encumbrances. Existing encumbrances will be settled from the purchase price. Viewings can be arranged with me. The property is being offered for sale with immediate effect solely for reasons of age. Further documents such as floor plans, photos, and documents relating to the rentals are of course available, but are not being published here. These will then be disclosed personally to any prospective buyer.
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Almost everyone in Rostock knows this property. It is located on the northwestern outskirts of the Hanseatic City. Satower Straße is one of Rostock's busiest roads. It leads out of Rostock to the A 20, into the northwestern new development areas and, continuing beyond them, to Warnemünde as well as to the surroundings of the Hanseatic City of Rostock to the west. This property benefits from a well-developed surrounding area and its infrastructure. A gas station, a LIDL supermarket, and numerous buildings of the University of Rostock are located in the immediate vicinity. Also nearby are Barnstorfer Wald, Rostock Zoo, and Rostock's veterinary clinic. The Süd Hospital and the University Hospital, with almost all medical specialties, may also be within walking distance.
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