House for sale • 1410 m² without real estateAm Pritschauhof 1-3 Düsseldorf Benrath Nordrhein-Westfalen 40597

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This concerns 2 very attractive multi-family houses with 1,010 m² of living space and approximately 400 m² of usable areas/basements, etc., situated directly next to each other on an approximately 1,700 m² plot, and which have always been well maintained and refurbished.

Originally, 22 units existed; currently, 17 units have been created through mergers.

Another 6 new units with 450 m² through conversions—at the owner’s expense—will soon be possible. Of these, 2 units are on the basement level and 4 as penthouses replacing the current attic, all with very large terraces. This means that nearly 1,500 m² of living space will be possible in the future. Please see the attached plans below.

Almost every apartment features a balcony.

Refurbishments:

- The bathrooms have been renovated in part depending on tenant changes. Some have been built to be barrier-free. The most recent bathroom renovations took place in 2024/25.

- The heating system, provided by the city utilities, was renewed in 2022.

- The gable facades have been newly insulated, the building painted, and the gutters replaced.

(2019–2022)

- In 2024, the building obtained a certificate of separability, allowing the formation of individual land registers at any time, which can fetch higher individual selling prices in a later sale.

Currently, a building permit is in process—which will be transferred along with the property—for the new construction/conversion of the attic/loft area, featuring 4 penthouses with large terraces and 2 basement apartments with an additional 450 m² of living space, as well as 12 new parking spaces!!!

Not long ago, condominiums on the neighboring street/Paulistr. were sold for €10,000 per m².

The current standard land value is €2,100 per m². (Plot = 1,700 m² !!)

Rents have potential for an increase beginning in 2027. On average, comparable existing properties/apartments achieve €13 per m², while renovated/new constructions reach around €15 per m², plus approximately €80 per new parking space—with 12 spaces possible.

Thus, the net rent, after these measures, should be around €223,000.

!! A loan of €2,000,000 can be assumed at an interest rate of 2.99% and can be depreciated for tax purposes at 4.2% !!

Located at Pritschauhof 1 and 3 in 40597 Benrath, Düsseldorf, directly in the center.

Everything is within walking distance, which tenants greatly appreciate.

At Pritschauhof 1+3 in 40597 Düsseldorf

MICRO-LOCATION

The street “Am Pritschauhof” is a side street that branches off from Friedhofstraße. Its route ends in a dead end, making it traffic-calmed. In the immediate vicinity of the properties is the town center of Benrath with numerous shopping opportunities. There are also several service providers such as banks and various everyday shops. The parking situation on the street can be described as tight; however, a spacious parking lot is located very nearby. Connections to public transport are excellent.

Düsseldorf-Benrath

MACRO-LOCATION

Situated directly on the Rhine and by the Itter, Benrath is one of the southernmost districts of Düsseldorf. Around Benrath Palace, one finds bourgeois villas and historic urban residential areas. The centerpiece of the Benrath district is the beautiful palace. In its immediate vicinity are some of Düsseldorf’s most popular residential areas. For example, along Meliesallee, there are imposing villas. The main street forms the center of Benrath, providing good shopping opportunities.

The fittings are of standard quality.

Please note that for the creation of the new living spaces and for energy-efficiency measures, numerous grants and/or low-interest loans are available through BAFA, KFW, Stadt Düsseldorf’s Climate-Friendly Living programs, etc.

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If you are interested in a higher return, this property can also serve as security with a land charge for a loan at about an 8% interest rate, which then would only be taxed at 25%. More details available by phone!