Pereser Str.

Groitzsch, Saxony, Germany

About the Development

This modern tenanted apartment was built in 1970 and is located on the first floor of this attractive four storey property.

State: Saxony
City: Groitzsch
Street: Pereser Str.
Type: Apartment
Rooms: 2
Baths: 1
Size: 59 m²
Tenanted: yes
Yield: 7.2 %
Price: EUR 29,950

The centrally heated, one bedroom apartment has been tenanted since January, 2007 and offers a net annual income of 2160 euros. This equates to a very healthy yield of 7.2%.

Groitzsch is a residential suburb 25 km south-east of the major city of Leipzig. The town is 226 km south of Berlin - a drive of approx 2.5 hours. This attractive market town has a population of approx 8500 and is popular with tourists in this pretty area of Saxony.

A terrific investment product at a bargain price - why leave the money in the bank?