House for sale • 753 m² without real estateZimmerbergstraße 4, , Thuringia

Residential and Commercial Building in the Central Heart of Kneipp-Heilbad Bad Tabarz – as a Capital Investment – PRIVATE SALE

Very attractive, long-term, fully rented building consisting of a residential house with 4 apartments, three large balconies, and a terrace, as well as a separate building containing a large, highly functional shop “Mahlschatz” along with office spaces and storage. The lease makes up a significant portion of the total income. The lease agreement has been in place for almost 30 years. The tenant has had a unilateral extension option every 5 years, which has always been exercised.

TENANT INCREASES:

In the residential rental agreements, there is regular potential for increases through an index clause. In the commercial area, a 10% increase is contractually fixed every 5 years (next increase on 01.01.2028, amounting to €258.00 per month, per year = €3,096.00).

All rental and lease payments have been received on time, regularly, and in full for many years.

The advance payments for operating costs cover the annual operating expenses.

PROPERTY:

Plot size = 1,357 m² with 10 car parking spaces and one garage. All utilities are available on-site: natural gas, electricity, telecommunications, water, sewage, satellite TV, as well as a 14.4 m² thermal solar system owned by the property.

The property is located in the best area in the center of Bad Tabarz. The buildings have been completely renovated and thermally insulated with no outstanding maintenance issues, on a large plot with well-maintained green spaces and parking areas.

RENOVATION:

Built in 1923 (2.5% depreciation!). The buildings were comprehensively renovated from 2009 to 2012 and were entirely outfitted with an insulated thermal facade.

INTEREST?

If you are seriously interested in purchasing the property and have sufficient equity or financing in place, please provide me with your email address and a phone number.

I will then gladly send you my prepared exposé with comprehensive information and numerous detailed pictures. I will be happy to answer any further questions. After that, we can arrange a viewing appointment.

LOCATION:

Bad Tabarz is a Kneipp spa town with a tourism focus, featuring parks, recreational areas, and an event hall. Additionally, Bad Tabarz is the site of the well-known leisure pool “tabbs” with an adjoining large health center.

Bad Tabarz is also a preferred residential location in the district of Gotha and lies right at the edge of the Thuringian Forest and along the Rennsteig up to the Inselsberg. A daycare center, kindergarten, primary school, and secondary school are located in town. Daily necessities, the spa park, as well as doctors, a pharmacy, cafés, and restaurants are within a 2-minute walking distance.

The property is connected to the BAB 4 motorway to Frankfurt/M and Dresden in about 5 kilometers. The historic town of Eisenach and the state capital Erfurt can be reached by car in approximately 30 minutes. There are bus connections to neighboring towns including Eisenach, Gotha, and Ohrdruf. The “Thüringer Waldbahn” runs from Bad Tabarz via Friedrichroda and Waltershausen to the main station in Gotha.