Good yield property in Eschborn / Taunus

Object Address

PLZ-ZIP Code:

65760

City:

Eschborn

District:

Hessen

Country:

Germany

Vital data

In a nutshell:

Best capital investment in one of Germanys most wealthy cities. Eschborn is the residence of many large companies such as Deutsche Bank and Deutsche Börse (stock exchange) AG. It is directly attached to Frankfurt but an independent town with about 20.000 residents and 30.000 jobs. This object consists of three units, two of them commercial, one residential, with a total rental space of about 393 sqm. It is in good condition, the central boiler got renewed, the buildings construction is very good. Built in 1990, renovated in 2001, all rented very well. Central inner city location in Eschborn.

Usable Space:

393.00m²

Type of Investment Property:

Block mix residential and commercial

Year of construction:

1990

Condition:

renovated

Status at handover:

rented

Current net rent per month:

3455.00€

Asking price (Euro):

600.000€

Brokerage fee incl. VAT (% of notarized purchase price):

5.95%

Payable by:

Buyer

Available as of:

immediately

Detailed Information

Freehold or Leasehold?:

Freehold

Detailed description of property incl equipment:

Full inside and outside renovation in spring of 2001, renewal of central boiler for heating system in 2008. Ground floor shop; basement storage space; first floor office space; attic floor the apartment. White tile and laminate floors, insulated windows, partly with light domes, shutters, large shop windows, ceilings partly with integrated downlights, two separate entrances, kitchenette, separate male and female toilets.

In ground floor large windows and glass door to the shopping street side. In the shop separated bathrooms. In back part building office space.
In the basement which can be reached directly also from the office space and not only through the stair case, large storage space and the heating system room.

In 1. upper floor there is office space with three rooms, ladies and gents bathrooms, kitchenette. The area got newly rented out in September 2011.
In attic floor is a very cute, cosy flat with living room, bedroom, kitchen, bath, loggia.

Rendite (Jahreskaltmiete : Kaufpreis):

6 %

m²-Preis:

1756 €

Description of location:

The building is located in the central part of Eschborn, close to the shopping center area "New Town Hall". All shops of daily needs can easily be reached by foot. Eschborn is residence of well known companies, such das Deutsche Bank, German Stock Exchange AG, Arcor, Ernst&Young and many more. The popularity of the town is primarily by the low commercial tax rate, but also due to its proximity to the nearby recreation areas of the Taunus hills. Eschborn is one of the wealthiest towns in Germany.

Connection to traffic routes / public transport:

Eschborn is very well connected to Frankfurt by the local train system. Additionally there are bus lines through the city and the surrounding towns. The highways A66 and A5 can be reached easily within a few minutes. Driving to Frankfurt International Airport takes about 15 minutes.

General noise level of location:

Medium

Anzahl Einheiten im Gebäude:

Renovations done in the building:

2001 full renovation, change of attic space into a flat. Each time when tenants changed the areas were also renovated. Heating system renewed in 2008.

Renovations to be done in the building:

None outstanding.

Type of heating and warm water preparation:

Gas

More options on heating:

Central heating system

Age of heating system approx.:

4years

Type of energy pass:

No information

Parking options:

Parking in underground garage

Parking options:

Duplex parking

Asking price for parking place:

0.00€

Comments regarding parking situation:

Nine parking places belong to the building, six of which are duplex parkers. These are included in the sales price.

Other information or specialties:

The building is on a land area shared with two other buildings and the garages.

Which is the most characteristic feature of this property:

Best location in one of the attractive suburbs in Frankfurt

Helpful Links (external):

Figures and facts about Eschborn (German page)

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PDF Files / Floorplans:

Building seen from main road

Building seen from the yard

Garages

Attic apartment with its loggia

Inside the attic apartment

Disclaimer:
All data given here are based on the informations from the seller or owner and are without any guarantee by the agent or broker.
Especially room sizes or area sizes are not verified. If there is any doubt we recommend to verify the area sizes or living area.