House for sale • 15000 m² without real estateAlte Wache 1, , Saxony

The building was constructed around the year 1940. For the first several decades, it was used for military purposes. In 2000, after extensive renovations, the building was repurposed.

Currently, the large apartment building houses 53 residential units with a total living area of 3,178 m², all of which are barrier-free.

The building features two elevator systems that connect all floors.

The park-like property covers an area of approximately 1.5 hectares.

The net rents amount to approximately €281,200 per annum. There are no commercial leases; each tenant has his or her own (individual) lease agreement with the property owner. The current owner and seller has always carried out the necessary maintenance. In 2024 and 2025, the entire residential complex was completely renovated. The façade, staircases, basement, and loggia look as good as new. Vinyl flooring was installed in the apartments with each tenant change. The residential complex leaves a like-new impression. For buyers, no further investments will be required in the coming years.

The sale is conducted directly by the owner – without an agent. This saves several tens of thousands of euros in commission. There is also some room for negotiation in the purchase price.

If you are interested in the residential complex and would like to view it, please leave your complete contact details in the contact form.