House for sale • 1010 m² without real estateAm Pritschauhof 1-3 Düsseldorf Benrath Nordrhein-Westfalen 40597

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This is about two very attractive multi-family houses with 1,010 m² of living space and approximately 400 m² of usable areas/basements, etc., that lie directly next to each other on a plot of approximately 1,700 m² and have always been well maintained and kept in good repair.

Originally there were 22 units, but currently there are 17 units created through mergers.

Another 6 new units with 450 m² through renovations and at the owner’s expense will soon be possible. Of these, 2 units are located in the mezzanine and 4 as penthouses replacing the current attic, each with very large terraces. Thus, almost 1,500 m² of living space will be possible in the future. See the accompanying plans below.

Almost every apartment features a balcony.

Renovations:

- The bathrooms have been renovated partly depending on tenant turnover, and some have been built barrier-free. The most recent bathroom renovations took place in 2024/25.

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

- The gable facades were newly insulated, the building was painted, and the gutters were replaced.

2019-2022

- In 2024, the building received a certificate of separability, which means that individual properties can be established at any time, potentially achieving higher selling prices individually upon later sale.

Currently, there is a building application in progress—which will be transferred— for the new construction/expansion of the attic/attic space, with 4 penthouses featuring 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 at €10,000 per m².

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

Rents have potential for increase from 2027 and average around €13 for similar existing properties/apartments and from €15 for renovated/new construction. In addition, around €80 per new parking space are expected (12 possible spaces).

Thus, the net rent is expected to be approximately €223,000 with these measures.

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

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

Everything is within walking distance, which tenants greatly appreciate.

Am Pritschauhof 1+3 in 40597 Düsseldorf

MICROLOCATION

The street “Am Pritschauhof” is a side street branching off from Friedhofstraße. Due to its course, it ends in a cul-de-sac and is therefore traffic-calmed. In the immediate vicinity of the properties is the town center of Benrath with numerous shopping opportunities. In addition, there are also several service providers such as banks and various everyday stores. The parking situation on the street can be described as strained. However, a large parking lot is located very nearby. The connection to public transportation can be described as very, very good.

Düsseldorf-Benrath

MACROLOCATION

Located directly on the Rhine and the Itter, Benrath is one of the southernmost districts of Düsseldorf. Around Benrath Palace, you can find bourgeois villas as well as historic urban residential areas. The centerpiece of the district of Benrath is the beautiful palace. In its immediate neighborhood, you will find some of Düsseldorf’s most desirable residential areas. For example, along Meliesallee stand impressive villas. The main street forms the center of Benrath, where there are good shopping opportunities.

The furnishings are to be considered standard.

Please note that for the creation of new living space and energy-efficient measures, a number of subsidies and/or low-interest loans are available through BAFA, KFW, the City of Düsseldorf’s “Climate-friendly Living” initiatives, etc.

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If you are interested in a higher yield, this property can also serve as collateral with a land charge for a loan at about 8% interest, which then only has to be taxed at 25%. More details by phone!