Plot incl. building permit for 4x MFH with a total of 7,321 m² living space/usable area

The property on offer consists of four undeveloped plots and is situated in a sought-after location in Mönchengladbach-Rheindahlen. The plots adjoin each other and extend over a total area of around 6,840 m². They have two street frontages of approx. 68 m and 30 m respectively and a depth of up to 104 m. The four apartment buildings and one commercial property currently offer a total approved area of up to 7,321 m² (approx. 4,306 m² living space and min. 1,350 m² to max. 3,015 m² commercial space). A spacious underground garage offers space for around 96 vehicles. Rents for new builds in this district are currently around EUR 13-15/m² and EUR 50/underground parking space. This results in an annual yield of around 5.5%.

The commercial property was planned and approved as a hotel. However, it can also be converted into an office building or a charging center for electric vehicles. The latter can be completely taken over by an operator. The demand for owner-occupied and, in particular, rental apartments currently significantly exceeds the supply and is therefore a secure investment for the future. If you have any further questions, please do not hesitate to contact us.

The property is located in a quiet and central location of MG-Rheindahlen. From here you have short distances to the center of Rheindahlen or also to Mönchengladbach. It is a mixed-use area, which is, however, predominantly characterized by residential development.