19 garages: A stable investment with a 5% annual depreciation rate, located in a prime micro-location.

For sale is a well-maintained, self-contained garage complex consisting of 19 units (2 of which are over 45m²) located in an area with extremely high parking demand. The property is in excellent condition and is being sold directly by the owner (without commission). A particularly attractive feature: each garage has its own land registry entry. This offers maximum flexibility – whether as a closed portfolio investment or for later individual sale (estimated market value of approximately €16,500 per unit). Investment highlights:

* **Significant potential for rental increases:** Currently, the garages are rented out for only approximately €45 per month (the previous owner never adjusted the rent in 30 years). The standard market rent in the area is approximately €90 for standard garages and approximately €170 for the two large garages (over 45m²).
* **Short notice periods:** All leases have a notice period of only one month. This makes it immediately possible to achieve market rental levels.
* **Tax advantage through 5% depreciation:** Because it is a separate garage complex, you benefit from 5% depreciation.
* **Low operating costs:** The management costs are only approximately €9 per unit (including property management fees). The property is legally and financially completely independent due to the division declaration. Condition & Location:
The garage complex is in excellent condition and will be handed over without any outstanding maintenance issues. There is a severe shortage of parking spaces in the immediate vicinity, which guarantees full occupancy and a waiting list of interested parties. Key data at a glance:
Units: 19 (including 2 XL garages with > 45 m²)
Current rent: approximately €45 per month
Target rent: €90 (standard) / €170 (XL)
Sold by: Direct owner (no realtor fees)
Legal status: Each garage has its own land registry entry.

The garage complex is located at Robertstraße 58, in the heart of one of Dortmund's most densely populated residential areas. Anyone familiar with the parking situation around Robertstraße and the nearby Borsigplatz knows that free parking spaces are practically non-existent here. Here are the specific advantages of the location:
Extremely high parking demand: The immediate surroundings consist almost entirely of tightly packed buildings without private parking spaces. Residents often spend 15-20 minutes searching for a parking space – a garage here is not a luxury, but a necessity. Excellent micro-location: The location offers optimal connections. The Mallinckrodtstraße (east-west axis) and the B54 can be reached in just a few minutes. This makes the garages highly attractive for commuters or as storage space (especially the two XL garages). Growing demand: Due to the ongoing development of the Nordstadt district and the increasing scarcity of public parking spaces due to bike paths and urban design, the value of secured parking spaces in this location will continue to rise significantly in the coming years. Secure catchment area: The immediate neighborhood offers a huge potential for long-term tenants, which will minimize turnover.