Commission-free: Divided MFH with extension permit & development potential in top location!

You are buying a gutted residential and commercial building in a top location in Bonn city center with planning permission for the extension of the ground floor, 1st and 2nd floors as well as the optional addition of a further residential unit on the 3rd floor. On the first floor, there is a 167 m² commercial unit including a basement with a building permit for use as a restaurant. There are residential units on the 1st and 2nd floors, which are variable in their usage concept. The floor plan variant for owner-occupation has 101 m² on the 1st floor and 88 m² on the 2nd floor. The floor plan for rental purposes also has 101 m² on the 1st floor and 83 m² on the 2nd floor. The attic above the residential unit on the 2nd floor is currently converted.

Floor space overview:
Actual living space (1st & 2nd floor) = 150 m²
Actual commercial space (ground floor & basement) = 167 m²
Actual total area = 317 m²

Target living space (1st, 2nd & 3rd floors) = 307 m²
Target commercial space (remains the same) = 167 m²
Target total area = 474 m²

We invite you to view the property at the open day. This will take place on Saturday, 19.04.2025 between 11:00 and 15:00.

The property has already been subdivided. The corresponding declaration of division and the corresponding certificate of completion are available. In addition to the purchase of the entire property, it is also possible to acquire partial ownership of individual units. Due to the existing subdivision, a hybrid strategy (part rental, part sale) is also possible in addition to the complete buy & hold strategy / the complete flip.

The building has an optional building permit to add an extra storey, resulting in a 115 m² penthouse maisonette with 3 rooms. The current attic will be converted into a full floor (3rd floor) with a gallery above. Both the lower floor of the maisonette and the gallery have a balcony. The concept for the unit on the 2nd floor for owner-occupation envisages a 2-room apartment with an open-plan kitchen/living room and balcony facing the inner courtyard. The apartment on the 1st floor has a similar concept, with the difference that the apartment has a complete roof terrace (18 m²) instead of a balcony. Due to the living comfort and the high quality of finish of the penthouse maisonette and the units on the 1st and 2nd floors in the owner-occupier scenario, a purchase for the purpose of project development with the aim of a sale is an obvious option.

According to the construction cost calculation (civil engineer Schmitz), the construction costs for the owner-occupier and shared flat variants amount to between €900,000 and €1,020,000. The sales proceeds are forecast at € 6,000 to € 6,500 / m² (€ 2,844,000 to € 3,081,000).

After completion of the project planning, a basic rent of € 17 / m² can be assumed for the residential space. The following target income situation results for the individual residential units:
1ST FLOOR = € 1,717
2ND FLOOR = € 1,411
Top floor (penthouse maisonette) = € 1,955
Total residential units = € 5,083

A basic rent of € 28 / m² is assumed for the store after completion, resulting in a basic rent of € 4,676 for a commercial space of 167 m². The target income situation of residential and commercial results in a total monthly rental income of € 9,759 cold.

The building can be purchased in its gutted current condition or as a project development. It is suitable for private and institutional investors. The target group also includes project developers and general contractors, as a co-investment in the form of a project initiation with the current owner is not ruled out by arrangement. Depending on the strategy, it is therefore possible to conclude developer financing in addition to standard real estate financing.

You are buying an absolute TOP location in Thomas-Mann-Strasse for the following reasons:

First-class infrastructure
Thomas-Mann-St­raße is located directly in Bonn's city center and offers everything your heart desires. There are numerous shopping facilities in the immediate vicinity, including supermarkets, bakeries and pharmacies that cover daily needs. Other everyday facilities such as hairdressers, banks, gyms and laundrettes cater to all the needs of urban life. Public facilities such as the Stadthaus and the city library are located in the immediate vicinity. The spacious Stadthaus site will be redeveloped from 2027 and offers great potential for an enormous upgrade of this already attractive investment location. The Bonner Bogen, one of Bonn's most modern and beautifully located business districts, can be reached in just a few minutes and offers high-quality restaurants, cafés and stores. There are also schools, kindergartens, retirement homes and medical facilities in the immediate vicinity, making the district attractive for all age groups and people of all family statuses.

A lively, culturally diverse environment
The social environment of Thomas-Mann-Straße is characterized by a harmonious mix of young families, working couples and older residents who appreciate the quiet yet central location. The proximity to Bonn University and the scientific institutes also makes the location extremely attractive for academics and students. Cultural institutions such as the Bonn Theater, museums and galleries are within easy reach and offer a wide range of events and exhibitions.

Perfect transport connections
Thomas-Mann-Straß­e is located in a district that stands out for its excellent connections to the public transport network. From the direct bus stop on Thomas-Mann-Straße, you can travel within the city on bus routes 540, 550, 600 to 609, N1, N4 and N8. The Thomas-Mann-Straße S-Bahn station is also served by lines 61 and 62. Bonn's main railway station is just a few minutes' walk away and serves the regional and national transport network.

For commuters, the quick connection to the A565 highway, which leads to Cologne, Düsseldorf and the entire Rhineland, is another plus point.

Green oases and leisure opportunities
The nearby Rhine with its beautiful promenades invites you to take long walks and bike rides. The Botanical Gardens of the University of Bonn, as well as several parks and green spaces such as the old cemetery or the Hofgarten, also offer opportunities for recreation and relaxation. Sports enthusiasts will find numerous fitness studios, swimming pools and sports clubs in the area.

Thomas-Mann-Straße offers its future owners and residents a unique combination of urban comfort and living close to nature. The excellent transport links, outstanding infrastructure and lively social environment make this property a rare opportunity to invest in one of Bonn's most sought-after areas.