This investment property exclusively offered for sale by us is a three-storey apartment building with a full basement and a converted attic. It was built in 1938 in a corner development on a south-east plot in a prime Nymphenburg location. The property includes an inner courtyard that can be used by the building community.
The property comprises eleven 1.5, 2, 2.5 and 4-room apartments with a living space of between approx. 45 and 96 m². The rentable area is approx. 744 m². All units are currently let, with the exception of apartment 11, which is kept vacant for viewing purposes.
The property has been owned by the current owner family for several decades. Renovations and modernizations have been carried out over the past ten years, for example windows, balconies, roof and heating system. For details, please refer to the list of the relevant measures.
The excellent, privileged location in Nymphenburg, one of Munich's top residential areas, should be emphasized. The proximity to Nymphenburg Palace, the park and the palace canal creates a unique lifestyle at all times. The nearby "Gern" subway station provides ideal public transport connections.
This property is already sold.
With its listed properties and well-kept avenues, Nymphenburg and in particular the historic Gern villa colony are among the absolute top residential locations in Munich. The property we are exclusively offering for sale is located just a few steps away from the Nymphenburg Palace Canal.
The building is quietly located in a purely residential street (30 km/h zone), which is characterized by well-kept buildings and intact neighbourhood structures. The infrastructure is excellent. Stores for daily needs are located in the immediate vicinity on Waisenhausstraße. The popular "Kurfürst Maximilian" trattoria and the "Taxisgarten" beer garden are just a few minutes' walk away. There is a choice of municipal and private (including bilingual) daycare centers in the district; the nearby elementary school on Dom-Pedro-Platz is just a few minutes away. There are also excellent secondary schools (the private Nymphenburger and Maria-Ward schools as well as the Käthe-Kollwitz-Gymnasium). Several sports clubs offer a varied program ranging from tennis to yoga, and the Dante pool is an Eldorado for swimmers at any time of year.
The transport connections are also perfect. The "Gern" subway station (lines U1 and U7) is just a few steps away on foot. This means you can easily reach Munich city center in around 15 minutes.