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Duisburg

Location: Duisburg
Price: SOLD
Rental Yield: 8.8%
Mortgage included: Yes
Units: 8
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Newly renovated building in a busy central location. Two commercials rented to long term tenants.

Key Investment Features

  • 8 Units
  • High rental yield of 8.8%
  • Non- recourse mortgage 73% LTV
  • Fixed interest rate of 1.85% for 10 years
  • Lifetime Property and Asset management

Property Description

Duisburg is located right in the middle of Europe, it is a vital transport infrastructure in the heart of the Rhine-Ruhr region and is widely regarded as the No.1 logistics hub of Europe. With 500,000 inhabitants, Duisburg is one of the twelve largest cities in Germany. This property investment is an outstanding opportunity to purchase a multifamily house consisting of 6 apartments and 2 commercials being completely refurbished on the busy street, central city location. The apartments and commercials are regularly fully let to long term tenants. Due to the excellent location, next to the supermarkets, shops, banks and restaurants, there’s high demand for apartments in the area and there’s a potential for the rents to be increased in the upcoming years.

  • Excellent location in the city centre
  • Recently refurbished with new bathrooms
  • Bright and spacious apartments