Nürnberger Strasse 7, 04103 Leipzig

This mixed commercial /residential property offers an excellent investment opportunity for an individual or group of investors for a number of reasons:

Firstly, it is because of the location :

The building is situated just 3 minutes walk from Augustus Platz ,which acts as a gateway to the centre of Leipzig.The new Leipzig University Campus, The Opera House, and historic Gewandhaus Concert Halls all straddle the square. Walk 5 minutes from the square and you are in the centre, with its historic buildings, its trendy shops , and lively cafe life.
In addition , the Hauptbahnof ,(main railway station ) is just a 10 minute walk , as is the main tram station, forming the centre of Leipzigs ' excellent transport system.

Secondly , and related to the location ,is the tenancy arrangements:

The main tenant ( commercial) has been in situ for over twelve years, and is a long -term stable tenant. The building is currently fully let, and because of its close proximity to the city centre , transport links, and the university campus, offers a regular future supply of tenants.
Leipzig is a young, growing and vibrsant city, and boasts of some of Germanys' most prestigious and profitable industries,( BMW, Porche, DHL,) , and along with a determined programme of development by the state of Saxony, it a great location for investors, large and small alike.

Thirdly , it is the timing:

This is an excellent time for investors to enter the German market , as along with France , Hong Kong and Japan, Germany is officially out of recession, having had growth in the last quarter. It is therefore the time to get in, while there are still some buildings left in great locations for a good price.
Whilst there has been a significent amount of renovation work in Leipzig in recent years, there are very few buildings left so close to the city centre available to buy, so this building offers both a stable return , and great future appreciation potential.



Contact Michael on 0039 342 9767114 (office) 0049 1577 1626460 (mobile)
Alternatively, email: m.duessler@ice-eigenbrodt.de

Each floor contains 3 apartments.
1 - two bed
2 - one bed.
Each apartment contains:
Hallway- flooring - wood laminate
Lounge - flooring - wood laminate
kitchen- fully tiled and fitted
Bathroom- fully tiled- from 12.75m² - 17.85m²
Bedroom - floored- carpet or wood laminate.
The two bed apartments have balconies- 4.78m²- (51.45 sq ft)

* The building houses 12 apartments , and one commercial unit.
* It was built in 1900, and is a listed building.
* Overall living area : 865m² -(9310.8 sq ft)
* Overall commercial area: 196m² - (2109 sq.ft)
* Rental income : €83,798 p.a - a return of 7.285%
* The twelve apartments range in size from : 56.55 m²( (608 sq ft) - 90.83m² - (977.69 sq ft )
* Fully renovated: The building: 1996
* The roof replaced: 2008
* Finance is available with a local bank of up to 80% LTV.
* Buy directly from the owners.

From Augustus Platz - 3 mins on foot
From Hauptbahnof - 10 mins on foot
From City centre- 8 mins on foot
Leipzig Halle airport - 25 kms.