Garage for sale without real estateKöln Sülz Nordrhein-Westfalen 50939

For sale are 4 rented motor vehicle parking spaces sold as a package at Rhöndorfer Straße 8 in Cologne Sülz for a total of €154,000. Individual purchases for €40,000 each are possible. This investment package in a sought-after prime location in Cologne is truly unique.

The parking spaces are currently rented out for €105.00 per month each. The rental income is continuously experiencing a steady, investor-pleasing development. Over the past 10 years, monthly rental income has increased by over 300%. In the context of re-letting, parking spaces in this micro-location are already regularly being listed at €135.00 per month.

Further residential development is planned in the immediate vicinity, which will intensify the demand for already scarce parking options.

The motor vehicle parking spaces are located in a well-maintained owners' association managed by a professional administrator. A caretaker regularly tends to on-site maintenance. Recently, a modern, high-resolution video surveillance system was installed throughout the building to meet the tenants’ requirements.

Access to the underground garage, which spans only one level, is granted via an electrically operated rolling shutter.

Each parking space is assigned its own land register sheet. This makes individual sale to a new owner possible.

The monthly rental income amounts to €105.00 per parking space. According to the operating cost plan, the service charge amounts to €11.00 per parking space. The current net surplus is €94.00 per space, totaling €376.00 per month.