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At the new hotspot! "Konzertforum am Neckar": MFH project tenant-free, with building permit
70376 Stuttgart (Münster) – Baden-WürttembergThis projected property is located directly on the planned new "Konzertforum am Neckar", which is to be built on the former Rilling-Sekt site on the banks of the Neckar by 2027.
The new concert and meeting venue will include
Concert halls with approx. 1,000 and 150 visitor seats, "Plaza" forum, all-day catering, hotel with approx. 110 rooms, administration building, viewing terrace, and much more.
An exciting new hotspot is being created here in Stuttgart!
With supra-regional appeal and pull.
Further information:
https://stuttgarter-kammerorchester.com/news/projektvorstellung-antrag-konzertforum-am-neckar
Project MFH:
Immediate realization of the project possible,
as planning permission already exists and existing building is tenant-free.
According to planning/building permit:
Extension, 4 apartments with balconies; living space (approx.) 309.31 sqm.
Student residence (option)
The detached MFH is also very suitable as a (music) student residence: no connecting rooms, 12 existing rooms, 16 with additional storey. Common room, laundry room, etc.
Depending on the type, manner and scope of the structural implementation, the costs (without financing) would be approx. EUR 350,000 - 650,000. After implementation, the added value from the total living space achieved, balconies, etc. at this specific location (without taking into account the future directly neighboring concert forum on the Neckar) would already result in a correspondingly valuable property worth approx. EUR 2,300,000 according to the Sprengnetter property valuation.
Project schedule option:
Alternatively, only the most necessary renovations can be carried out and the realization can be planned for a later date.
Advantages:
+ (1) Location
+ (2) Tenant-free
+ (3) Building permit
+ (4) Subdivision in WEG possible
+ (5) Detached
+ (6) No new build, existing building unrenovated
+ (7) Promotion of redevelopment area
+ (8) without commission
+ (1) Location
See location description
+ (2) Tenant-free
The house is currently not rented.
This exceptional stroke of luck has the following advantages:
+ Immediate start
of construction projects possible
+ Quick and practical implementation
without the otherwise necessary consideration for residents
+ Savings in construction costs
Faster implementation shortens the time required for the work.
Trades can make more favorable offers.
+ Savings on financing costs
Reduced duration of interest costs.
+ No possible payments or compensation to tenants, as these do not exist.
not available.
+ New rental contracts
When renting: new(!) max. possible net cold rents (no
old contracts!)
+ Earlier sale
For sale: earlier receipt of purchase price(s)
+ (3) Building permit
is already available. So no waiting time, no uncertainty. Implementation can begin immediately. See below for further details.
+ (4) Division into WEG possible
According to information from experts familiar with the project, division into WEGs is simple, cost-effective and quick.
+ (5) Freestanding
Favors structural conversions, thus cost reductions.
Freer uses (e.g. noise issue with student residence option)
+ (6) No new construction, existing building unrenovated
Added value possible through (possibly own) services and implementation according to selected concept.
General subsidies and special subsidies (redevelopment area) are possible, as renovations etc. have not yet begun.
Built in 1953, no restrictive regulations for new buildings, but more lenient regulations for existing buildings!
+ (7) Funding for redevelopment area
See location description
+ (8) Without commission
There is NO broker's commission.
The buyer saves the usual commission. Accordingly, the purchase costs and any financing costs are lower in comparison.
Are you interested in this house?
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Object Number
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OM-285146
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Object Class
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house
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Object Type
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multi-family house
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Handover from
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immediately
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Purchase price & additional costs
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purchase price
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1 €
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Purchase additional costs
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approx. 270 €
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Total costs
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approx. 270 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Details
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Condition
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in need of renovation
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Number of floors
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4
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Bathrooms (number)
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4
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Bedrooms (number)
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12
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Number of parking lots
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1
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Flooring
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parquet, tiles
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Heating
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other
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Equipment
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balcony, garden, basement, full bath
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
Project / planning / implementation of the building permit
Planning permission
It authorizes the addition of 4 balconies and the extension of the attic and living space (approx.) 309.31 sqm due to optimal use of the conditions and regulations. The building permit was granted before the property was declared a redevelopment area, meaning that any restrictions that may have been imposed in the meantime are not included in the building permit.
Addition of storeys
With the implementation of the building permit, the previously three-storey house will be increased by one storey. One apartment will be added to the existing three apartments. The plans include 4 apartments, each with 4 rooms, kitchen, bathroom/WC and balcony.
The top apartment extends over 2 floors with an internal staircase from the 1st floor to the extended 2nd floor: this creates a special, spacious maisonette apartment with corresponding distant views.
4 balconies
All four apartments will have their own south-west-facing balcony of approx. 6.20 sqm. As the recent past has shown, the balconies are likely to make a significant positive contribution to the value of this property.
Achievable living space (approx.):
The extensions increase the existing living space of approx. 196 sqm by approx. 113 sqm to a total living space of approx. 309.31 sqm.
Apartment no. 1: 4-room apartment on the first floor 71.04 sqm
Apartment no. 2 : 4-room apartment on the 1st floor 71.04 sqm
Apartment no. 3 : 4-room apartment on the 2nd floor 70.85 sqm
Apartment no. 4 : 4-room apartment on the 1st top floor (69.43 sqm)
and on the 2nd top floor (26.95 sqm)
Maisonette total 96.38 sqm
(balconies of ½ taken into account)
Planned/achievable total living space (approx.): 309.31 sqm
Basement:
The previous usable space in the basement will be redistributed in the course of planning:
there will be space opposite the staircase for baby carriages etc.; the previous laundry room will be taken over; the planning provides for 4 storage rooms with a total of approx. 15.43 sqm as well as 4 cellar compartments to the 4 apartments with a total of approx. 12.98 sqm; a chamber heating system.
Location
+ Already now (without consideration of the future concert forum/hotspot) according to Sprengnetter real estate valuation location scoring (point system from -10 to 10):
Macro-location for Stuttgart district: 7 (very good), for Baden-Württemberg: 7 (very good), for Germany: 4 (good)
Micro-location property location: 7 (very good)
"Location scoring: Qualification of market and location quality to assess the medium-term saleability and collateral risk of a property": 7 (very good)
+ The property is located in the immediate vicinity of the Neckar, close to the center of Stuttgart and even in the center of Bad Cannstatt. It offers a sublime feeling of living, the special atmosphere of the river and the old town is palpable, the seasons can be experienced in their changes close to nature despite the proximity to the center and complete infrastructure.
The residential building is located on a traffic-calmed (30 km/h) one-way street, which contributes to the quiet surroundings.
On foot, by bike, directly and quickly to the old town and the city center.
Quick access by car in all directions: B 10, 14, 27, etc.; highways 8, 81
Direct connection to the integrated rail network:
In approx. 20 min. to Stuttgart-Mitte directly every 10 min., with streetcar U14 or with U6, U7, bus 52, 56, etc. In 10 min. walking distance to the junction Bad Cannstatt Wilhelmsplatz station: S-Bahn S1, S2, S3 and other streetcar lines in all directions.
Complete infrastructure for daily life:
Bad Cannstatt market square; stores of all kinds; kindergartens, schools (primary school, secondary school, grammar school) universities, restaurants, doctors, hospitals, churches, etc.
High recreational value:
Within walking distance is the famous Wilhelma zoological and botanical garden, where around 11,000 animals from all over the world can be admired on approx. 30 hectares. Relaxing walks, bike rides to the vineyards, along the Neckar or through Rosenstein Park to the city center. Mineral spas Bad Leutze, Bad Berg; Max Aitz See; Cannstatter Wasen, and much more.
+ "Redevelopment area Bad Cannstatt 21 - Neckartalstraße"
Already designated by the Office for Urban Planning and Urban Renewal.
From around March 2024, modernization and energy consultants from the authorities will be available free of charge for on-site inspections to make recommendations/concepts for this property.
Approx. 20 % of the corresponding modernization costs will be reimbursed.
Prerequisite among other things: Energy efficiency of at least class KfW 85.
+ planned "Concert Forum on the Neckar"
Due to the newly emerging hotspot, significant upgrading of the neighborhood and the residential space prices.
Location Check
Energy
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Main energy source
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gas
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Grundrisse u. Whf. gem. Plan.
UG Grundriss gem. Planung
Miscellaneous
Basic data and features
This is a project planning. In line with this and the significance of the building permit for this property, which essentially concerns the planning of the number of storeys, apartments and rooms, the balconies and the living space, the basic data of the display on living space, number of storeys and rooms as well as the balcony feature each include the information according to the planning, as well as the other features of the associated renovation or modernization. Naturally, no energy performance certificate is available for the final MFH.
Illustrations
Illustrations A are only examples of a possible implementation.
Illustrations B show the implementation in such a way that it is easier to imagine possible fittings, and the course of the plot can also be traced. The 3D illustration of the planning floor plan for apartment no. 2, 1st floor, is also an example of the almost identical floor plans for apartment no. 1, ground floor and apartment no. 3, 2nd floor.
Floor plans, views, section
Yellow markings document the planned changes to the existing conditions, red markings the new planning.
Information on the basis of the project planning and the existing residential building will be provided separately on request.
Financing
Based on our many years of experience and cooperation with credit institutions and specialists, we are happy to offer our services and assistance in creating an individual financing concept and finding the most favorable conditions possible for financing this project.
Disclaimer
Please note: The valid details can be found separately in the planning permission documents. All representations are only exemplary, in particular fittings and furnishings are for illustrative purposes only. This publication is for information purposes only and does not constitute a contractual offer. We reserve the right to make changes and design changes. All information is provided without guarantee of completeness and accuracy. No liability is assumed. Any official requirements may influence the planning and square meterage.
From private owner
The projected property is being sold privately.
Please contact us:
Please submit your interest using the contact form.
We will be happy to answer your inquiry and arrange an appointment to view the property.
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Offer from: Herr Bradatsch
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