Other for sale in 20 01259 Dresden - Sachsen, Germany

• Anzahl der Etagen im Haus 5

From a buyer's perspective, this property is an exciting investment opportunity. It has a good location in Dresden and comes with a large land size of 3,763m², which could be used for various purposes such as building residential units, creating a healthcare facility, or refurbishing a commercial building. The plot is already divided into several sections, which allows for multiple options in the future. The existing building has a floor area of 5,148m², with a potential living area of around 4,120m² after renovation. This is a significant amount of space that can be used for creating families-friendly apartments, or up to 50 social-funded rental units. Available plans and layouts suggest that even an office or storage building could be feasible. Moreover, the property is in good condition since it has a robust, steel-frame construction with a concrete slab and an aluminum façade, which is durable and weather-resistant. The basement is waterproofed and includes a ramp, which is a significant advantage. Although the building was constructed in 1975 and last refurbished in 1990, it appears that the property has been adequately maintained and meets the current German building codes. That is good news for potential investors, as they would not have to worry about major structural issues or extra expenses to bring the building up to the code. In terms of lifestyle, the property offers a unique opportunity to create a neighborhood of 30 families-friendly loft apartments, or potentially up to 50 rental units in an area considered to be green and quiet. The location also offers easy access to local amenities and is a short distance from the city center. For investors, this property offers a flexible and affordable investment opportunity. The asking price of 3,500,000€ for a 4,120m² living space is quite reasonable and could bring a good return on investment if used effectively. To make the best of the investment, one should analyze the different options and costs, including renovation, zoning permissions, and potential demand for the completed space based on the location. In conclusion, this property offers a significant investment potential and, from a lifestyle perspective, the chance to create a unique residential area. A buyer with vision and good planning capabilities could turn this into a successful real estate investment and create a comfortable living environment in the process.