Description
High-yield (7.58%) investment property with a government agency as the main tenant. Key data: • Land area: 11,000 m² • Building type/Year of construction: Investment property / 1976 • Usable area/Rooms/Parking spaces: approx. 15,000 m² / approx. 400 / approx. 98 (3 of which are accessible) • Heating: Individual gas boilers • Availability: By arrangement. The property is a former five-star rehabilitation clinic (concrete construction with 80 mm polystyrene insulation), continuously modernized since 2012: • 2014: Complete roof renovation • 2015/16: New gas heating system, valves, and pumps • 2016: Modern fire alarm system and fire protection concept; North wing as accommodation for asylum seekers (approx. 135 rooms of 24–27 m² each) • 2021/22: Conversion of the south wing into modern offices (fiber optics, sanitary facilities, interior insulation); conversion of the kitchen into archives • Fully accessible with new outdoor facilities. Expansion potential (unused areas, approx. 3,500 m²): • South wing: 4th–6th floors (700 m² each), 7th floor (penthouse/administration, 600 m²) • North wing: Former café + terrace (600 m²) 1st basement: Wellness area with pool/sauna (1,000 m²) Ancillary building (nurses' residence, approx. 750 m²): 20 apartments (20–30 m²) + 2 apartments (85 m²), fully let (flat-rate rent via the job center). Tenant structure: Main tenant: Municipality (public use, stable payments)