Property in Ottensen with current rental income and urban development potential

Well and centrally located commercial property (parcel 5058, Ottensen district) in Ottensen in the axis to the Neue Mitte Altona. Currently occupied by a commercial lease for a car dealership (NKM gross € 14,772.00 p.a.) and a contract for a billboard (NKM gross € 1,666.00 p.a.), both contracts can be terminated at short notice, but can also be continued for the time being.

Designated in the land register as "building and open space for trade and services".

In the master plan for the development of the second construction phase of the new center of Altona, this property is probably intended for a pedestrian and cyclist bridge. The implementation of the second construction phase is scheduled to take place from 2028 at the earliest.