House for sale • 631 m² without real estateAlbertusstraße 9 Mönchengladbach Innenstadt Nordrhein-Westfalen 41061

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Already at first glance, the beautiful Parisian Art Nouveau facade of the house impresses. The building was constructed in 1910 as the founding house of Heinrich Hoffmann’s company and became, after World War II, the head office of the world-renowned firm "Van Laack."

In recent years, the entire property has been continuously and extensively modernized. For example, a new central gas heating system with state-of-the-art condensing technology was installed, new heating, water, and sewage pipelines were laid, and the building’s electrical system was updated. In 2020, the attic was completely redeveloped, resulting in two building-regulation-approved, bright, and cozy maisonette apartments. The rear facade was re-plastered and painted in 2021, and the courtyard was partially repaved.

Through a gated, lockable entrance, you gain access to the courtyard where five garages (some equipped with electric roller shutters) and seven parking spaces are available for the tenants.

A declaration of separation for the rental units regarding their division into condominiums is already in place.

All the residential and commercial spaces in the building are very spacious and stylish—some featuring stucco decorations on the ceilings.

On the ground floor, there is a privately managed daycare center. A white marble staircase leads to a Thai massage establishment that has been successfully operating for more than 15 years. The second floor, as well as the two maisonette apartments in the attic, are privately rented to solvent tenants.

The annual rental income amounts to €82,920, which results in an attractive purchase price factor of 17.9% or a yield of 5.6% for this exceptionally representative, modern, and centrally located property.

It is situated in a very good, central yet quiet location, immediately adjacent to the pedestrian zone "Hindenburgstraße" and the shopping center "Minto."

Telephone contact is expressly requested at 0152-28775508.