Waldheim, Niedermarkt

OVER TWELVE PER CENT YIELD !!

Located in the town market square this small apartment house offers 4 residential (284m2) and 2 commercial units (101m2) over five floors. The plot size is 280m2. All of the units are tenanted giving a rental income of approx. 20,500€ per annum ( equivalent to 12.1%).

Waldheim is a market town in the district of Doebeln, Saxony located on the Zschopau River, 9 km south west of Doebeln and 28km north of Chemnitz. This picturesque area of rivers and valleys is noted for the diversity of its countryside, animal and plant life.

The purchase cost of this building equates to ONLY 441€ per square metre – and with this yield ! What a bargain !!

The purchase price excludes commission at 7.14% including tax.