| Living area approx. | 74 m² |
|---|
| Plot area | 350 m² |
|---|---|
| Usable floor area | 523 m² |
| Purchase price | 490.000 € |
|---|---|
| Price per m² | 6,621.62 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1071403
This interesting investment property is situated in a sought-after location in Bremen-Blumenthal and impresses with a balanced combination of commercial and residential use. Built in 1995, the property is part of a condominium owners’ association comprising a total of 13 units and includes three individual units within this overall complex, all of which are fully let and therefore generate stable income directly. Situated on a plot of approx. 350 m², the property is in well-maintained condition and has been partially modernised.
Particularly noteworthy are the two established commercial tenants: A retail unit of approx. 387 m² has been let to the financially strong tenant KiK Textilien und Non-Food GmbH since 1995, indicating an exceptionally long-term and stable rental structure. The existing lease still runs for around five years and also includes an extension option for the tenant, providing the future owner with additional planning security and continuity. The commercial segment is complemented by another unit of approx. 62 m², let to a debt counselling service—also a reliable and long-term tenant with an indefinite-term contract. The additional residential unit of approx. 74 m² sensibly rounds off the usage concept and ensures a diversified income structure.
Current annual rental income amounts to approx. €33,960, making this property a solid source of income with further development potential—particularly against the backdrop of its location in a redevelopment area, which may enable additional increases in value in the future. An underground parking space also increases its attractiveness for tenants and enhances convenience.
Another significant advantage lies in the ownership structure: The current owner holds a two-thirds majority within the condominium owners’ association and can therefore exert significant influence on future decisions and developments. This opens up strategic design opportunities for investors and sustainably increases control over the investment.
Overall, this is a long-term, solid investment with stable tenancies, an attractive tenant structure and additional development potential in an area that continues to develop.
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