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Commercial property in Leipzig
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Location:
Leipzig is the biggest city of the federal state of Saxony. It has around 500 000 inhabitants. Leipzig is situated at the crossing of big federal roads (A9, A14, А38). The city is a location for automobile manufacturing by BMW and Porsche in large plants north of the city. DHL uses the Leipzig/Halle Airport for its European operations. Kirow Ardelt AG, the world market leader in breakdown cranes, is based in Leipzig. Some of other largest employers in the area are Spreadshirt, Unister, Amazon, Siemens, TAKRAF and Verbundnetzgas.

Price 6 000 000 EUR
Plot area6300 m2
Property area4250 m2
Year built1996
Rented outyes
Number of residential units11
Number of commercial units20
Current year’s income420 000 €
Full year’s income420 000 €
Actual yield7%
Potential yield7%


Purchase costs
Notarization90 000 €
Purchase tax210 000 €
Brokerage commission (6% excl VAT)360 000 €
Total660 000 €
Property description:

The facility is in Leipzig. The building was built in 1996. It 11 apartrments, 20 commercial premises. Some of apartments have glazed balconies. The building has an underground garage and basement.

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