Wilkau-Hasslau (12 - 27 % YIELD), Zwickau, Sachsen / Saxony, Germany
€98,000
Finance from €327 per month* 
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Overview
Overall Floor Area: 623 Sq. Metres (6,706 Sq. Feet)
Property Description:
We have on sale an apartment house in Wilkau-Hasslaum, Saxony, with a very attractive yield. The property was built in 1900 and has 6 residential and 1 commercial unit divided over 3 floors. The heating system, electricity, pipes and windows were all modernized. Only one apartment and the hallway still needs refurbishment. Wilkau-Hasslau lies approx 6km south of Zwickau. The town has a population of approx 12,000 and has comprehensive road and rail links. The town of Zwickau has transformed itself over its 900 year history. From a traditional mining town the location has become strongly associated with the automotive industry, in particular, Volkswagon. Wilkau-Hasslau is located in the famous Saxony triangle (with Dresden and Leipzig/Halle) which offers a regional catchment of 0.5 M people. The commercial unit and two residential units are currently vacant, however, the property delivers an actual yield of 12% and an annual rental income of 11.800 euros. Potentially this could be 26.560 euros with all units are tenanted. This would offer a yield of 27%! Donīt let this chance pass you by!Daft Property Shortcode:
http://www.daft.ie/7801841Date Entered/Renewed:
14/2/2012 (today, 14 hours ago)Street view
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