Munich: Over 6% return on two commercial properties, plus 3 parking spaces.

For sale by private individual, a high-yield investment package consisting of two well-rented commercial units and 3 underground parking spaces, located in a residential and commercial building in Munich, Sendling. This offering is free of realtor fees.

The current gross rental income is €2,057 per month / €24,684 per year.
According to the lease agreements, there is further potential for rent increases of 4% starting January 1, 2027.
One lease agreement is for the ground-floor retail space with storage in the basement, used as a boutique and package shop. Another lease agreement is for an additional storage space in the basement, with its own access from the underground parking and its own electricity meter. The building itself was built in 1967 and is in good condition; the facade was recently renovated. There is ongoing potential to rent out both units or the 3 underground parking spaces.
The current lease agreements have been in place since 2011 and 2018 respectively, without any interruptions or complaints. Viewings are possible at any time.

Excellent location in a residential/commercial building at Waldfriedhofstraße 30 in Munich, Sendling.