Modern residential and commercial building in a prime location on Mönchengladbach's market square

Description
# Property description
+++ PLANS AND FLOOR PLANS IN THE EXPOSÈ +++
Excellent investment in Mönchengladbach Giesenkirchen with 14 apartments and 4 stores in a very well-maintained condition. A factor of 22 currently pays off - further upward yield development can be realized through rent adjustments.
With a total area of around 2480 m² and a rentable area of approx. 2000 m², this building offers a wide range of possible uses for residential and commercial purposes.
The apartments account for a rentable area of approx. 1296 m² spread over 3 floors.
The commercial space has been let to renowned tenants for over 10 years, which offers solid planning security for the investor. A lot of money has recently been invested here in refurbishment, which is rarely found in residential and commercial buildings in terms of the state of maintenance of the building. Here you have the opportunity to invest your money soundly - we offer you a personal insight into the figures in a personal appointment.

The building was originally constructed in 1950 and renovated in 2021. It extends over three floors and impresses with its modern design and upscale furnishings. Each unit has been carefully designed to offer maximum living and working comfort. The refurbished condition presents an inviting and appealing space that is ready for immediate occupation.
The apartments are accessed via three very well-kept staircases with light-colored stone floors.

Versatile commercial space

The first floor of the building houses four commercial units, which are ideal for businesses in a variety of sectors. From offices to retail to services - business people will find the perfect space here to realize their visions.

Comfortable apartments

The upper floors offer a total of 14 high-quality apartments that provide a modern and comfortable living environment. Spacious floor plans, high-quality materials and first-class fittings create a home in which residents can feel completely at ease.

Parking facilities

A total of 14 parking spaces are available for residents and business customers, including 12 outdoor parking spaces and 2 garages. These provide easy access to the building and ensure sufficient parking space for vehicles.

Perfect location and spacious plot

The residential and commercial building is located on a spacious plot with a total area of approx. 1162 m². Thanks to its central location in Mönchengladbach-Giesenkirchen,­ stores, restaurants, schools and public transport are all within easy walking distance.

Conclusion

Thi­s residential and commercial building offers a unique opportunity for investors and entrepreneurs looking for a high-quality property in an attractive location. With its versatile uses, upscale amenities and convenient parking, it is the perfect choice for discerning tenants and business owners.

# Features
Exemplary state of development of the property from investor hands
FULLY LEASED!
Insight into all figures, data, facts possible in a personal appointment
14 apartments in various sizes, all rented out
4 commercial units
Lettable area approx. 2000 m², fully let and refurbished
Living space approx. 1296 m²
Commercial space approx. 484 m²
Other space approx. 699 m²
Total area approx. 2480 m²
Floors: 3
Parking spaces: 12 parking spaces and 2 garages

Year of construction approx. 1950
Refurbished 2021

Rental income p.a. ACTUAL: €273,720
Target rental income p.a.: €327,120

1 A LOCATION DIRECTLY ON THE MARKET SQUARE
# Location description
Welcome to Mönchengladbach-Giesenkirchen:­ Where history meets modernity and economic power pulsates.

The residential and commercial building is located in a popular region of North Rhine-Westphalia, which is known for its diverse shopping opportunities and cultural offerings. The central location in Mönchengladbach, with a population of just under 270,000, serves as a lucrative business location close to the metropolitan areas of Düsseldorf and Cologne and the Benelux countries.
Within a radius of around 100 km, 15 million people can be reached here.

Giesenkirchen, a charming district that offers the perfect mix of historical heritage and modern flair, is located in the heart of Mönchengladbach. Our exclusive residential and commercial building rises as an investment giant in this sought-after location and embodies the epitome of luxury, quality of life and economic dynamism.

The MG-Giesenkirchen district benefits from its strategic location in close proximity to the economic centers of Cologne, Düsseldorf and the Benelux region. This proximity not only offers first-class business opportunities, but also excellent connections to international markets. The robust economic strength of the region is reflected in a wide range of industries, from the automotive and chemical industries to innovative technology companies:
Shopping facilities 0.5 km
Children's gardens 0.3 km
Elementary school 0.3 km
Bus 0 km
Freeway 4.8 km

# Miscellaneous
Please make an appointment with us for a viewing and for reasons of discretion please do not make your own viewings.