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Mercury Group

Unique investment offer for reconstruction - Shopping center in Brandenburg an der Havel

  • Germany, Brandenburg, Brandenburg an der Havel
  • 0
  • Germany, Brandenburg, Brandenburg an der Havel
  • 0
Object type:
Commerce property
House type:
Individual project
Market:
Resale
Year built:
1993
Land area:
8741 m2
Apartment/building area:
5928 m2
Category:
For sale
Price per m2 :
€ 337
Price:
€ 2 000 000
Price in EUR is approximate, taking into account currency conversion. Not all properties from our portfolio are presented on our website. If you did not find an object upon your request, leave us a request. We will send you a selection from an open database, as well as offer off market objects. We work for you!

Property description

ID: DE-222-139029

The property is located in a residential area built up with high-rise buildings. At the moment, the shopping center is not leased and requires reconstruction. During the reconstruction process, it is possible to conclude long-term lease agreements with chain trading companies such as MERE, TEDi, KIK, Wressmann; there is a potential tenant for the second floor premises - a large chain fitness. The location of the property makes it possible to develop the property to 100% rental and achieve high profitability, at least 300,000 euros per year.

Location: Brandenburg, since 1993 Brandenburg an der Havel is a city on the Havel River in Germany, in the state of Brandenburg, where it has the status of a non-district city. The most ancient city in Brandenburg. Covering an area of 228.8 km², Brandenburg an der Havel is the largest state city in Brandenburg by area. Population: 72,778

 

Return on investment - 15%

 

Rental income per year full - 300.000Euros +

Basic parameters:

Year built: 1993
  • Germany, Brandenburg, Brandenburg an der Havel
  • 0
Object type:
Commerce property
House type:
Individual project
Market:
Resale
Year built:
1993
Land area:
8741 m2
Apartment/building area:
5928 m2
Category:
For sale
Price per m2 :
€ 337
Price:
€ 2 000 000
Price in EUR is approximate, taking into account currency conversion. Not all properties from our portfolio are presented on our website. If you did not find an object upon your request, leave us a request. We will send you a selection from an open database, as well as offer off market objects. We work for you!
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