Genthiner Strasse 25 Magdeburg, Brandenburg, 39114

Property For Sale

£20,000.00

Tenure: Freehold

Block Of 12 Apartments. City Centre Magdeburg - Germany

Property Overview

1 Apartment Rented@ €2000/year
Bill board at side of Property with income
Apartment house, - 11 apartments + 1 commercial unit
39114 Genthiner Strasse 25 , Germany - Now £20,000/€28,000

Tenure: Freehold


Site area: 461 m²

11 apartments (=546 m²) (one of them rented=49 m²), 1 commercial unit (vacant=38 m²)
Using area: 584 m² (plus adjoining building)

Rent p.a.: 1.803 € for the rented appartment
400 € for an advertising on the gable end wall
costs p.a.: 577 € for the rented appartment...


Property Description

Apartment house, - 11 apartments + 1 commercial unit
39114 Genthiner Strasse 25 , Germany - Now £20,000/€28,000

Tenure: Freehold


Site area: 461 m²

11 apartments (=546 m²) (one of them rented=49 m²), 1 commercial unit (vacant=38 m²)
Using area: 584 m² (plus adjoining building)

Rent p.a.: 1.803 € for the rented appartment
400 € for an advertising on the gable end wall
costs p.a.: 577 € for the rented appartment

Magdeburg (about 229.000 inhabitants)
is situated at the crossing of 2 motorways:


The appartment needs total restoration.


A2 Dortmund-Berlin and A14 Magdeburg-Halle

Magdeburg is the biggest inner harbour of eastern germany.

Magdeburg is an university city.

The EU has invested about 12 million € in urban redevellopment (URBAN programme).
in the city area has boomed by that, infrastructure has been Improved: There is a new civic centre, , new soccer stadium, super markets etc...


Genthiner Strasse is the main road and main shopping mall of that town area. Most buildings are 1-4 storeys tall .The distance to the City Centre is about 1 mile, good connections by the tramway. Contact: info@propertyingermany.net

Property Stats

Property Type: Renovation Projects
Number of Reception Rooms: 4
Number of Bedrooms: 8
Number of Bathrooms: 5
Number of Separate Toilets: 0
Total Number of Toilets: 4
Property Grounds: Communal
Accessibility Rating: Good
Type of Heating: Aga
Double Glazed: 50%
Parking Provided: Yes

Driveway Parking: No
Garage Parking: Yes
Allocated Off-Street: Yes
Allocated On-Street: Yes
Total Spaces: 6

View Map of 39114
View House Prices for 39114
Local Info for 39114

The above details are not the property of FreeHouseAgent Ltd; they are for general guidance only. FreeHouseAgent have not reviewed the details provided and therefore FreeHouseAgent can not give any guarantee as to the validity of the above description. FreeHouseAgent have not tested any of the above mentioned appliances, services or fittings. Any of the details above should not be relied upon and FreeHouseAgent advises that prospective buyers carry out their own detailed survey of the above property or land. Prospective buyers are responsible to confirm accuracy by inspection.

Please Note: This advert expires on Tue 18th Nov 2008.

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