House for sale • 913 m² without real estateSatower Straße 163 Rostock Südstadt Mecklenburg-Vorpommern 18059

Here is the English translation of the text:

This property is a historic estate. The former “Waldrestaurant” (forest restaurant) had a number of unique features at the time it was built. To older residents of Rostock, it is known as “Zum Schuster” (At the Shoemaker). In total, seven apartments are spread across three floors, and a commercial unit—which has been rented to the same tenant for more than 20 years—is located at the property’s own parking lot. All garages and available advertising spaces have been leased. The rental income can certainly be further increased.

Almost everyone in Rostock knows this property. It is located on the northwestern outskirts of the Hanseatic city. Satower Straße (Satower Street) is one of the busiest roads in Rostock. It leads out of Rostock onto the A 20, into the northwestern new development areas and, in their extension, to Warnemünde, as well as into the western surroundings of the Hanseatic city of Rostock. This property benefits from a well-developed neighborhood and its infrastructure. In the immediate vicinity, there is a gas station, a LIDL supermarket, and numerous buildings of the University of Rostock. Also nearby are the Barnstorfer Forest, the Rostock Zoo, and the Rostock Animal Clinic. The Klinikum Süd (South Hospital) and the University Hospital with almost all specialist departments are also within walking distance.

All rental units are continuously occupied. Vacancies never occurred due to a lack of prospective tenants, except for a month-long vacancy in each unit during renovations prior to new rentals. The property was managed by its owner. There have never been, and still are not, any legal disputes with tenants or neighbors.

The property will be delivered free of encumbrances. Any existing encumbrances will be deducted from the purchase price. Viewings can be arranged with me. The property is being sold solely due to the owner’s age. Additional documents such as floor plans, photos, and rental materials are available but will not be published here. These will be disclosed personally to any potential buyer.