North West Estate - income properties in Germany
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Shopping center in Hannover
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Location:
Hannover has a population of approximately 516 000 and is located in the federal state of Lower Saxony.

Price 5 800 000 EUR
Sold
Property conditionNew
Plot area15236 m2
Property area4807.27 m2
Year built2008
Number of parking spaces127
Rented outyes
Current year’s income517 069 €
Full year’s income517 069 €
Actual yield8.91%
Potential yield8.91%


Purchase costs
Notarization87 000 €
Purchase tax290 000 €
Brokerage commission (6% excl VAT)348 000 €
Total725 000 €
Property description:

Network tenants with lease contracts for the next 15 and 10 years + prolongation options.

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