The image part with relationship ID rid2 was not found in the file. ForSale: Price: 793,500 Dessau, Saxony Anhalt, Germany Ref: PH28 59,126 CURRENT RENTAL INCOME 65,546 EXPECTED MARKET RENT 7.4% CURRENT RENTAL YIELD Exclusive to Investix Germany LOCATION, LOCATION, LOCATION Potential to increase the rent by 10% to the market rent market rent 65,546 RENT:Fully tenanted. Potential to increase the rental yield to 8.2% LOCATION:Excellent location close to Dessau NEW MORTGAGE INCLUDED: 546,154 Mortgage with a low interest rate of 1.85% fixed for the next 10 years GOOD LIQUIDITY:Mortgage repayments account for only 47% of the rental income. This excellent property portfolio is located in Dessau, one of the greenest towns in Germany, in the state of Saxony-Anhalt with a population of over 2.2 million people. Dessau is surrounded by numerous parks and recreational sites. This small portfolio consists of two properties with a combined number of 16 units. Suitable for Private Investors, Pensions and Small syndicates Units: 16 apartments Current rent: 59,126 (yield 7.4% / factor 13.42) EMR: 65,546 (yield 8.2% / factor12.11 ) Rentable Sqm: Mortgage included: 876 sqm Yes FULLY MANAGED: German based Property & Investment Management EMR = Estimated Market Rent. Data provided from GeoMap.
Investment Case Potentialtoincreasetherentby10%tothemarketrent marketrent 65,546 This is an exclusive opportunity for an Investix investor to acquire this off-market portfolio of 16 apartments for 793,500 ( 906/sqm). Property prices in Magdeburg /Leipzig / Halle and the greater areas have increased significantly in recent years and market analysis shows that the average price/sqm of Multi-family homes in Dessau has now increased. LOCATION: Excellent location in Dessau city centre Housing prices are flourishing and Rents are rising. In comparison to many cities in Germany, Dessau continues to offer optimal investment opportunities: comparably affordable entry prices; a still high rental level; high quality construction; and positive economic conditions. These two properties are located within a 1 hour commute to Magdeburg, Leipzig and Halle. NEW MORTGAGE INCLUDED: 546,154 Mortgage with a low interest rate of 1.85% fixed for the next 10 years Investix investors have the unique opportunity to use very attractive German bank financing to help increase the return on their investment. The bank has already completed it full due diligence on this project and is confident that the property has astrong level of rental income so they can offer alowrisk non-recourse low fixed interest rate mortgage. Moselstraße 43, Dessau(8 units) Karlstraße 26, Dessau (8 units) Prophaus 28 Has long term tenants generating a very attractive rental yield of 7.4% per annum. There is a low supply and high demand for good quality rental properties in this area. Smart investors recognize the importance of location and what makes this property investment especially attractive is its low price. The average apartment price in this portfolio is 49,594 Positive cash flow per annum. Lowsupply&Highdemandforgoodqualityrentalstockinthisarea. Long term tenants 793,500 - Very attractive price of 906/sqm which is currently lower than the cost of construction. Pre-approved mortgage with 47% Loan to Rent ratio. Low fixed interest rates. Non-recourse. High rental income = positive cash flow Relatively low running costs for owning and managing an investment property Good appreciation expected in the future Additional documents available on request: Rental Sheets(Mietuebersicht) Property land registration(grundbuchauszug) Building encumbrances(altlastenkataster) Ordanance survey map(katasterkarte) Track record of each property(qlikview Report) (2)
Property Description Investix is excited to bring to the market this portfolio of two buildings located in the city of Dessau. This portfolio consists of 16 apartments. Dessau is located only 1 hour from Leipzig with over 545,000 inhabitants, and the two properties are only 30 minutes away from Leipzig/Halle Airport. The traffic connection is via the federal highways B184,B185 and A9 motorway. Dessau has great bus service andisconnectedtoacentral stationinthe city centre which can be easily connect you to Leipzig( 1 hour) and Berlin(1h 30min). Karlstraße 26, Dessau (8 units) Huge Potential to increase the rental income The 2 buildings in Dessau are both located in a good residential areas which are in demand from tenants looking for easy access to the city centre. Both properties in walking distance to a Netto supermarkets in addition to local restaurants, shops and banks. Due to excellent location there are various transport options available nearby with bus stop and train stations located close to each property. Both building locations also have very nice parks located within walking distance, making it attractive place for tenants to live and relax with their families. 16apartmentsin2MultiFamilyHomes Located in Dessau, district of Saxony-Anhalt Average apartment size 55sqm Both buildings are in great locations with accessible public transport options Garage, backyard and storage places for tenants Supermarket, banks, and restaurants nearby Average rent only 305 per apartment(5.55 /sqm) Moselstraße 43, Dessau (8 units) (3)
Photos Karlstraße 26, Dessau (4)
Photos Moselstraße 43, Dessau (5)
The image part with relationship ID rid2 was not found in the file. Great investment in the Saxony- Anhalt region Saxony Anhalt on the way to being European Innovation Leader:» Population of about 2.52 million inhabitants» Well-developed rail networks, motorways and inland waterways» Dessau-Roßlauis headquarters of the Federal Environmental Agency» Attractive commercial and scientific hub, with rapidly expanding industries» International airport of Leipzig- Halle» Universities, technical colleges and research institutes with an international bias Dessau-Roßlau Dessau is surrounded by numerous parks and palaces that ranks Dessau as one of the greenest towns in Germany with a population of over 82,505 thousand people (6)
Location Ideal location in the hart of Saxony Anhalt Dessau Saxony Anhalt, has a population of over 2.2 million (7)
Location Key points Both properties located within walking distance to the city center. Both buildings are in good condition and located in popular residential areas. (8) (8)
Saxony-Anhalt is located in the central-eastern part of Germany and borders the states Brandenburg, Saxony, Thuringia and Lower Saxony. The region covers a total area of 20,452km². It has a population of 2.24m inhabitants and a population density of 109 inhabitants/ km2. The capital of Saxony-Anhalt is Magdeburg (232,306 inhabitants), and Halle is the largest city with 232,470 inhabitants. Dessau-Roßlau is a third biggest city in state of Saxony- Anhalt, with overall state population of 82,505 people. Dessau Roßlau is regarded as one of the greenest cities in Germany due to numerous parks and recreational areas. The famous Bauhaus structures in the city were designated a UNESCO World Heritage sitein1996.nearby isthegardenkingdomof Dessau- Wörlitz, which applies Enlightenment philosophical principles to landscape design; it was named a World Heritage site in 2000. Duisburg Essen Düsseldorf Dortmund Magdeburg Berlin Leipzig Dessau-Roßlau Karlstraße 26, Dessau / Moselstraße 43, Dessau are both located beside city s biggest park the Beckerbruch Park which is famous for having Tiergarten Zoo is only 5 minutes away from both buildings. All the necessary transport options such as train station, connecting to various parts of city is just minutes away. Supermarkets, cafes and steak restaurant are around the corner of the property and shops and banking facilities are within 5-10 minutes walking distance. Strong local demandfrom families, commuters and retirees as thepropertyis a short walkto:» Tiergarden» Schiller Park» Bus and S-bahn stations» Supermarkets, banks and restaurants» Local schools and kindergadens Moselstraße43, Dessau, Saxony-Anhalt, Germany Karlstraße26, Dessau, Saxony-Anhalt, Germany (9)
Rent Analysis Search date: 06/11/2018 Search Area Average Price/sqm for only Multi-Family Homes in Dessau for the past 12 months: Dessau- 5.90 (13)
INVESTIX Group Head office, Berlin City Centre Fully managed investment Entry to Exit PROPERTY MORTGAGE STRUCTURE PLANNING REPORTING MANAGEMENT Investment Committee: Our Property team searches for property differently to the average buyer, focusing on properties that will give the best returns. All residential property investments available from the Investix Group were specifically chosen and analysed by our Property Wealth Management team. Our investors benefit from all of the knowledge&experiencethatthisteamhasbuiltupoverthelast20yearsinvestingingermanrealestate. Property Acquisition Market Analysis Investment Planning Marco Knoblauch Partner & Head of Asset Management David Healy Partner & Head of Marketing Robert Gansel Chief Financial Officer Mortgage Negotiations Legal searches Rental Index Analysis RouvenZinke Head of Property Finance Denise Knoblauch Head of Administration Sabrina Schwebke Rental Manager FOR MORE INFORMATION OR TO REQUEST FULL INVESTMENT PACK PLEASE CONTACT US: Friedrichstraase 81, 10117 Berlin,Germany t: +49 (30) 499 05 09 50 e: info@investix.de www.investix.de