Office in city Magdeburg
10189.00 sq.m.

€ 22 900 000

Translated automatically. Show original description.

<p>the Complex of residential buildings in one of the largest cities in the Federal state of Saxony-Anhalt with a population of over 200 thousand people. Since 2005 the city has seen a steady population growth. The town has a large number of educational institutions, number of students exceeds 15,000. The city is located at the intersection of important European transport flows, which makes it very attractive for investment.</p>
<p>the complex consists of 9 buildings, 7 of which are fully furnished apartments. The complex consists of 504 rooms, including:</p>
<li>294 apartments in houses 1-4 (pension for students);</li>
<li>200 apartments in buildings 5-9 (leased by city);</li>
<li>10 rooms – offices and bistro.</li>
<p>the Complex is fully rented at present the rent per year is 1 830 000,00 EUR.</p>
<p>the pension provided by the rental periods for individual contracts with students and schoolchildren. 200 apartments were rented by the city for 10 years before 30.06.2025. The city agrees to repair all damage caused by the tenants of rented residential Fund, at its own expense, and restore and reclaim the leased objects at the end of the lease in the condition of transmission after the start of the lease. The condo is in perfect condition.</p>
<li>the Areas between the houses 1-4 and 5-9 are separated, access is via two separate neighboring streets.</li>
<li>part of the buildings was built in 1994 as an office center, and in 2012-2015 it was new construction and restructuring of residential property.</li>
<li>plot size - 18 685 sq. m.</li>


Location of the property on the map

Similar offers