Werdau - Freistaat Sachsen Property Available To Buy
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Other Description
HIGH YIELD, HIGH STREET PROPERTY - WERDAU, SAXONY
This attractive two storey property is located in the high street of Werdau - an attractive market town in rural Saxony. The property dates back to 1905 and was modernised in 1992 to create three, ground floor commercial units (149m2) and one , first floor residential unit (64m2). Two of the ground floor units are high street retail units - one a florist , the other an engraver. All units are tenanted with a yearly rental income exceeding 18,000 euros which delivers an attractive yield of 12% !! The total floor area is 213m2 which is being sold at the very competitive price of 719 euros per m2.
Werdau is a typical residential town in Saxony located 50km east of Chemnitz and 80km south of Leipzig. The town, situated on the River Pleisse, has a population exceeding 23,000 with a history associated with textiles but more recently with precision engineering linked to the automobile industry. In addition the town is a tourist attraction set amongst the green rolling hills of Saxony.
Another attractive investment product from FrontLine Berlin???????
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€153,166 | £128,146 | US$203,527 (Currency and Foreign Exchange services supplied by  )
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| Type |
Other |
| Build Size |
213 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Map of Werdau, Freistaat Sachsen, Germany
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Price: €153,166
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