Flat for sale 4+1 • 73 m² without real estatePackenreiterstraße 30 München / Obermenzing Obermenzing Bayern 81247

For sale is a fully modernized and furnished four-room condominium, renovated in 2026 and located on the ground floor of an apartment building on Packenreiterstraße in Munich-Obermenzing.

The apartment, measuring approximately 73 m², is used as a shared apartment with four individually rented private rooms and is fully occupied. Each room has its own tenancy agreement and is furnished with a bed, wardrobe, desk, and chair. This offering is therefore particularly suitable for investors wishing to take over an established shared-apartment rental concept with ongoing rental income.

KEY FACTS:

- Purchase price: €600,000 – no commission payable by the buyer

- Four furnished and fully rented rooms in a shared apartment

- Living area: approx. 73 m² according to the available calculation

- Annual net rent excluding utilities according to the rent schedule: €36,900

- Total annual income, including all-inclusive components: €44,100

- Calculated gross rental yield: approx. 6.15% p.a.

- Four individual index-linked tenancy agreements

- Modernization and new fitted kitchen: 2026

- Balcony, basement storage unit, and separate WC

- Service charge: €447 per month (2026 budget plan)

MODERNIZATION AND LIVING CONCEPT:

The apartment underwent comprehensive modernization in 2026. The electrical installation, flooring, bathroom, separate WC, and wall finishes were among the items renovated. The newly installed shared kitchen is equipped with a cooktop, oven, and dishwasher.

The four furnished private rooms provide an immediately usable living concept for the existing shared apartment. A bathroom with a walk-in shower and an additional separate WC make shared use more convenient. The apartment also includes a balcony and a basement storage unit.

TENANCIES AND FINANCIAL PERFORMANCE:

The property is rented under four separate index-linked tenancy agreements. In addition to the basic rent, the contractually agreed all-inclusive rents cover operating costs, electricity, internet, and furnishings.

According to the current rent schedule, the annual net rent excluding utilities amounts to €36,900. Total annual income, including all-inclusive components, amounts to €44,100. Based on a purchase price of €600,000, this results in a calculated gross rental yield of approximately 6.15% before ancillary purchase costs, property management expenses, and taxes. The tenancy agreements and income statement may be reviewed as part of the buyer’s due diligence.

BUILDING AND SALE:

The building was constructed in 1971 and has central oil heating. The residential complex is managed by a property management company operating across multiple regions. According to the 2026 budget plan, the monthly service charge totals €447, including a €66 contribution to the maintenance reserve. No parking space is included with the apartment; according to the budget plan, the apartment does not contribute to the costs of the underground parking garage.

The stated living area is based on an existing calculation; no separate calculation in accordance with the German Living Space Ordinance (WoFlV) is available.

The property is being sold directly by the owner, with no commission payable by the buyer. The existing tenancies will transfer to the purchaser in accordance with statutory provisions.

A documentation package is available containing the floor plan, declaration of division, budget plan, minutes of owners’ meetings, tenancy documents, and renovation records. Viewings are available by appointment and subject to coordination with the tenants.

We look forward to receiving your inquiry.

LOCATION – MUNICH-OBERMENZING:

The apartment is located at Packenreiterstraße 30 in the popular Munich district of Obermenzing. This quiet residential street features an established neighborhood, well-maintained surrounding properties, and a pleasant living environment.

TRANSPORT LINKS:

One particular advantage of the location is its convenient access to public transportation. Obermenzing S-Bahn station (S2) is within walking distance and offers a direct connection to Munich city center via the main S-Bahn line.

The nearby main roads and the A8 and A99 motorways also provide convenient connections to the greater Munich area.

LOCAL AMENITIES AND INFRASTRUCTURE:

Shops for daily necessities, supermarkets, bakeries, pharmacies, medical practices, and restaurants are located nearby. Additional shopping and services are available in the nearby Munich-Pasing district center.

LEISURE AND QUALITY OF LIFE:

Nymphenburg Palace Park, the green spaces along the Würm River, and Blutenburg Palace offer a wide range of recreational and leisure opportunities.

APPEAL TO INVESTORS:

The combination of a quiet residential location, convenient transport links, and urban infrastructure makes the property particularly attractive for rental to students, young professionals, and working tenants.

The established shared-apartment rental concept further enhances the property’s locational advantages.

FEATURES AND MODERNIZATION:

The apartment underwent comprehensive modernization in 2026 and was fully equipped for furnished shared-apartment rental.

LIVING AND BEDROOMS:

- Four individually rented, furnished private rooms

- Each room is equipped with a bed, wardrobe, desk, and chair

- New flooring and freshly finished walls

KITCHEN:

- New fitted kitchen with modern appliances

- Cooktop, oven, and dishwasher

- Shared use by the apartment’s residents

BATHROOM AND SANITARY FACILITIES:

- Modernized bathroom with a walk-in shower

- Heated towel rail and renewed sanitary fixtures

- Separate WC – particularly convenient for four residents

ADDITIONAL FEATURES:

- Balcony

- Private basement storage unit

- Renewed electrical installation, including sub-distribution board

- Central oil heating with centralized hot water supply

The existing furniture and fitted kitchen are included in the purchase price. The apartment is already fully rented, and the purchaser can continue the established shared-apartment concept.

The property is being sold directly by the owner. No buyer’s commission is payable.

REVIVO Real Estate GmbH

Feringastraße 7 A

85774 Unterföhring

Germany

Represented by Managing Directors Sascha Römer and Dominik Schurg

Register Court: Munich Local Court, HRB 305429

VAT ID No.: DE457313738