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Investment (Residential) in City Area, Wuppertal for Sale

11+ years old

Web Reference: #34229

Property Description

A residential building in Wuppertal.

There are 4 flats on the floors with a living area of 321 sqm. All flats have a basement. The building also contains commercial premises of 342 sqm. The house is conveniently located in relation to public transport routes and the motorway network. Pre-schools, schools, medical and banking facilities as well as a variety of shops are located within walking distance or a short drive.

List of Wuppertal's largest companies and educational institutions whose employees and students are potential tenants:

  • Bayer AG - factory and research centre
  • Vorwerk AG - white goods and textiles
  • Axalta Coating Systems (Du Pont Group), a major manufacturer of automotive coatings
  • University of Berg (one of the largest in Germany)
  • Wuppertal University of Mining Engineering
  • Wuppertal Technical Academy
  • European Institute of International Economic Relations
  • Higher School of Theology (1935),
  • Theological University of Wuppertal-Befel

Profitability present: 7.99 %

Annual income present (after utility bills): €35,144

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