**€695/m²** Large open-plan office near the center of Leipzig + 3 parking spaces in the underground garage – rented or vacant

Key facts

Purchase price & costs

About this investment property

Central large open-plan office in Leipzig – versatile and with exceptional development potential. Purchase price of only €695 per m² – an interesting opportunity for owner-occupiers and investors!

This property offers the opportunity to acquire a generous commercial space at a highly attractive purchase price of just €695 per m².

What makes this property special is its versatile range of possible uses. It is ideally suited both for owner-occupation as office or commercial space and – subject to the required permits and building-law requirements – for conversion into high-quality residential space.

Ideal for owner-occupiers

Do you need a generous, well-located office space for your company, practice, law firm, or another commercial activity?

This property then offers the opportunity to create ownership instead of long-term rental obligations. The generous space can be designed individually to suit your own requirements and provides room for offices, meeting areas, workstations, or other commercial use concepts.

Interesting for project developers and investors

For investors, this property offers two options. First, holding it as an asset and renting it out. However, both existing leases must be renegotiated for this. The seller currently uses 3/4 of the space. He indicates that he will vacate the property or negotiate a new rent. The remaining third is rented to a lawyer who is a friend and who, with his monthly payment, already pays the cold ancillary costs as well, without these being stated in their amount.

Particularly exciting is the possible conversion of the existing commercial space into residential space. If a corresponding change of use can be approved under building law, this opens up considerable potential for value creation.
The comparatively low entry price of only €695 per m² can provide an interesting basis for a project to develop and subsequently market residential space.

After appropriate planning, approval, renovation, and high-quality finishing, the space could subsequently be marketed as modern residential space at a significantly higher price per square meter. This creates interesting potential, particularly for experienced project developers, between purchase and later sale.

Two strategies – one property

Owner-occupation:
Buy, design individually and use permanently as your own office or commercial space.

Project development:
Acquire commercial space, examine a possible conversion to residential use, develop it accordingly and subsequently market it with a corresponding increase in value.

The offer is therefore aimed both at entrepreneurs and owner-occupiers and at investors and project developers looking for a property with development potential in Leipzig.

"fresh, committed, solid"

The Künne Immobilien Gruppe is a professional service provider in the real estate industry and is at your disposal in the areas of project development, sales, lettings, management and facility management.

For further information and insights, visit our website: www.kuenne-gruppe.de

Do you want to sell your property? Whether a multi-family or single-family house, condominium, plot of land, or new-build or developer project. We broker your property competently, transparently and promptly, nationwide.

Location