This investment opportunity is for a single apartments within a semi-detached block, comprising of only seven
units in total, in Grosszschocher, about 6 km from the city centre. The block was built circa 1900 and
underwent a full renovation between 1998-2001.
The apartment is approximately 40 sqm and is located on the ground floor, on the courtyard side and have the
benefit of a balcony and its own parking space.
The apartment is rented bringing a useful return of 2.256 Eur pa net of operating costs.

The Property is a very well-groomed multi-family house with full basement four floors. In the ground floor there is a commercial unit, currently used as a physical therapy clinic. The sizes of the apartments are approx 23.94 to 59.00, the commercial unit has a size of approx 89 sqm. The house and grounds as well as the technical facilities are in a very good condition and well maintained. Ongoing repairs and renovations have been made promptly. In summary the house is in a very good and well maintained condition.

The property was built in 1919 and rebuilt after WWII in 1951. It has three floors, full basement and a partially converted attic. Full renovation took place in 1984 and 1994. In 2008, the attic was partially re-expanded. In 2012, the front facade was newly grouted and repainted. Further the staircase and the basement was completely repaired and renovated and the windows has been repainted professionally too. The total cost for the renovation in 2012 was approx EUR 30,000, -. The house and grounds are maintained regularly and kept in a neat condition overall.

The Property is an excellently maintained and refurbished multi-family house with full basement and 5 floors. In the ground floor there is a small commercial unit. The Property is built approx 1906 and reconstructed in 1953. It has 9 apartments and 2 commercial units. In 2011 it was fully refurbished for about EUR 140,000. All apartments except one have new bathrooms. The apartments have new fitted kitchens, wiring, heating, etc., the roof was also renewed, now with just the staircase and façades to be finished renovating, prior to the sale to a prospective PV client being finalised.
The property is located in the centre of the city, with a lot of refurbished multi family houses and good foot-accessible infrastructure as the central shopping centre is just a few short steps away.

OFFERS OVER 1.1MEUR
This substantial fine building lies in the south of the city, in the popular district of Südvorstadt. This residential building, from the early 20th Century, consists entirely of 1 and 2 room units. The property is currently undergoing refurbishment and will be delivered fully tenanted, or with a rental guarantee from the seller for 12 months at 4.50 Eur/sqm, however rents in this area should be a minimum of 5.50 Eur/sqm. The area is characterised by trendy bars and eateries, being populated by a mix of students and young professionals. The property is well-served for public transportation with 4 tram lines and a 4 bus routes serving all regions of the city very close to the property. In the locality is the southern part of the Clara Zetkin Park which leads down towards the lakes and the popular Cospudener Sea. The region is characterised by a wealth of commercial and leisure outlets and being in close proximity to a large sector of the city’s University campus proves popular for young people and young families.

s and in 1998 extensive refurbishment was carried out, replacing the plumbing, water, electrical and heating systems.

This particular offering is fully leased and located in Krefeld City Centre, very close to the Central Station. All daily needs are within close proximity and the property is situation in the immediate vicinity of the hospital and university. There are 8 apartments, 2 shops and 3 garages.