On behalf of a private owners’ association, Aigner Immobilien GmbH has brokered the sale of a listed residential and commercial building dating from 1876, situated in a sought-after location in Munich, to a foundation. The Neo-Renaissance building, with approximately 600 square metres of lettable space, comprises eight two-room flats and a commercial unit on the ground floor, and is fully let.
The property is situated in the Glockenbachviertel and, thanks to its extensive history of refurbishment, is in an extremely well-maintained condition.
The sale took place off-market through Aigner Immobilien’s internal network. Both parties have agreed not to disclose the purchase price.
“This impressive ensemble of historic buildings represented a rare opportunity: continuously modernised and situated in one of the most charming neighbourhoods in Munich city centre, it offers not only historic architecture but also long-term stability and great potential. We congratulate the buyer,” says Jenny Steinbeiß, Managing Director of Aigner Immobilien GmbH and Head of the Investment Department.
The property company has similar properties on offer throughout Germany. Interested parties can send their purchase profile to investment@aigner-immobilien.de.
