Aigner Immobilien GmbH has successfully brokered the sale of a residential and commercial building in the city centre of Augsburg. The property is located in the immediate vicinity of the central transport hub Königsplatz and features a mixed-use structure.
Space structure and structural development
The property comprises a total lettable area of 815 square metres on a plot of around 350 square metres. The layout is divided into a total of ten residential units, one retail unit, and one office unit.
- —Plot area of around 350 square metres near Königsplatz
- —Total lettable area of 815 square metres
- —Divided into ten apartments, one commercial unit, and one office unit
- —Built in the late 1950s with a partial vertical extension added in 1973
The building was originally constructed in the late 1950s and received a partial upward extension in 1973. Continuous maintenance measures have accompanied the property across the decades. According to the estate agency, active management has ensured that the asset remains in very good condition.
Transaction background and market context
The vendor was a private individual who divested the mixed-use property as part of a portfolio streamlining. The purchaser was an investor. The parties agreed not to disclose the financial details of the transaction or the exact address of the property.
Jenny Steinbeiss, Managing Director of Aigner Immobilien GmbH, views the sale positively in the context of regional market activity. She noted that Augsburg offers a very accessible market that is particularly appealing to investors seeking attractive existing properties. Demand for the centrally located asset was accordingly robust among the brokerage firm's investor network.
