Classic Villa for Sale near Rostock Germany

 

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Commercial and Residential Building
South of Rostock



 Deutsch
Kind of Property Detached Villa-Style Period Building
Year of Construction around 1925
Renovation 2001 (incl. roofing)
Land Area approx. 1,321 sqm / 14,214 sq. ft.
Construction Solid Structure
Stories 2-story plus converted Loft Space
Medical Practice Rooms 10 (incl. Portion in Basement)
Medical Space approx. 204 sqm / 2,195 sq. ft.
Residential Rooms 3 (2 bedrooms)
Living Space approx. 66 sqm / 710 sq. ft.
Additional Usable Area approx. 55 sqm / 592 sq. ft. (Cellar)
Total Floor Space approx. 325 sqm / 3,497 sq. ft.
Current Use On-going Dental Practice, Rented Apartment
Miscellaneous 5 Car Spaces and small wooden Tool Shed
Monthly Net Rent Dentist about EUR    1,860 plus utilities
Monthly Net Rent Flat about EUR       400 plus utilities
Total Monthly Net Rent about EUR    2,260 plus utilities
Total Annual Net Rent about EUR  27,120 plus utilities
Sales Price EUR 290,000
Cap Rate about 10.7-times the Rent Roll
Rental Yield about 9.4%
Visual Impressions
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Further Details
Location The property is located in the state of Mecklenburg-Western Pomerania, Güstrow district. The municipality has about 5,900 inhabitants and sits east of the regional airport Rostock-Laage. There is good shopping around, e.g. a discount grocery store just across the street. Traffic links are B 103 and B 108 federal roads as well as A 19 and A 20 state highways. The distance to city of Rostock is about 30 km. Berlin is about 200 km away.
Description It's a landmarked villa of architect Paul Korff. The solid brick building has an separate entrance from garden and a balcony on the upper floor. Both orientate to the south. The windows are mainly PVC insulated, partially there are also a few wooden windows. In addition the top floor apartment comes with roof-top windows. The property has an oil central heating from 1990, hot-water is made by electric heaters. Floorings do vary, e.g. laminate, carpet, linoleum and tiles. The plot, so far, is partially developed, it will be connected to the public sewer system in 2011. TV is provided by satellite.
Layout Ground Floor Medical Reception, 2 Offices, Winter Garden, Hallway, Staircase
Layout 1st Floor Medical 3 Surgeries, 1 Preparatory Room, Balcony, Hallway, Staircase
Layout Basement Lab/Technic Room, Staff Room, Patient's Toilet, Boiler Room etc.
Layout Top Floor 2 Bedroom Apt. (3 Rooms in total), Living Area with open-plan Kitchen, Shower Bath, Separate Toilet, Hall, Staircase
Miscellaneous The offer is subject to confirmation and free of commission for the buyer.

Details based on statements of the owner. We can't assure for their correctness and/or their wholeness consequently. Errors in detail and transmission as well as mistranslation reserved.
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