Mariannenstrasse 118, 04315 Leipzig

This excellent investment oportunity comes with a return of over 8% p.a and is located in close proximity to the city centre with excellent transport links.(The tram line is near the fromt door of the building ,and the centre is a mere 15 minutes on foot. )

Leipzig itself is a vibrant growing city, a centre of culture, commerce and learning. Its university is one of the oldest in the world. Its music heritage includes Bach ,Schumann and Wagner, and today the Gewandhaus and Opera attract music fans from all over the world.

It is also the home of some of Germanys´ most prestigious companies, Porche, BMW, and DHL.in addition to the modern giants in Leipzig, it boasts the oldest continuous market in the world. Every year it is the centre of huge international gatherings promoting electronics, books , cars etc.
The centre of Leipzig boast a lively nightlife, and provides all -year- round festivals and entertainmant for the local population and visitors alike.

The building was extensively renovated in 2008,retaining most of its beautiful stucco exterior and interior features.
It comprises 12 fully-let apartments, 5 of which are let to a long term local government office, with an existing option to extend the contract for a further 5 years, offering a guarenteed , secure rental return.

Apartments :
Sizes range from 66m²--141m² ( 710.4 -1517 sq ft)
306m² - (3293 sq ft) - occupied by the government tenant.
All apartments have private entrance /hallway
kitchen -fully fitted and tiled
bathroom-fully tiled
lounge - flooring wood laminate
Overall floor area is 805.82m² - (8673.8 sq ft.)

* The building has 5 floors above ground , and a cellar which provides storage for the commercial and residential tenants.
* Each floor has two apartments:
* 1 - one bed
* 1- two bed
* Ground floor occupied by the local government offices.
* Current rental income €40,000 p.a - a return of 8.7%.
* Finance Available
* Buy directly from the owners, and as owners , we can guide you through the entire purchase process with our in-house team.
* Contact Michael on 0049 342 9767114 (office)0049 1577 1626460 (mobile)
* Alternatively, email: m.duessler@ice-eigenbrodt.de

From Leipzig city centre - 3klms on foot
By tram numbers 8 or 13.