Wall Street versus Wallstraße – solid returns right on your doorstep.

Located in the heart of Velbert, on one of the main thoroughfares of the district, this residential and commercial building combines a highly visible commercial space on the ground floor with residential units above – a proven combination that benefits both foot traffic and stable rental income. The building, constructed on a 373 m² plot, features a solid stone staircase, providing a robust structural foundation. The nine residential units offer a balanced mix of 2- and 3-room apartments, equipped with double glazing and central heating. The complex is further complemented by two retail units and a mobile phone tower, which provides a reliable additional rental income and reduces maintenance risk: the operator is contractually responsible for wear and tear and any damage within the tower area. The property is fully let and therefore generates a solid return from the outset – the annual net cold rent amounts to €79,321. With a desired purchase price up to 19 times the annual net cold rent, the asking price is approximately €1,550,000, which corresponds to a gross rental yield of approximately 5%. In addition to the existing income, the property offers further potential: The construction of a garage on the site is feasible, which would add another source of revenue or increase the property's value.

In conclusion:
This property combines a solid income base with stable full occupancy and additional development potential through the possible construction of a garage. Its central location on a busy thoroughfare, the balanced mix of residential and commercial use, and the solid construction quality make this property an attractive investment for forward-thinking investors – whether as a long-term asset or as a component of a portfolio strategy.

The corner building, with its postal address on Wallstraße, is located in a central area of Velbert-Mitte. While Wallstraße is the official address, the building also borders Langenberger Straße on the opposite side – one of the main thoroughfares in the district. This corner location provides a double frontage and, consequently, high visibility for the commercial units located on the ground floor. Essential shops, doctors' offices, banks, and public transportation links are all within walking distance, meaning that both the residential and commercial units benefit from excellent infrastructure. The proximity to the center of Velbert further enhances the attractive location, making it appealing to both tenants and investors.