Investment property with great potential for further development - prop.exchange
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Investment property: 13.958 m2 warehousing/e-commerce/production property with potential for housing development

Fredericia, Danmark

An investment property with a good running lease income and great potential for further development.

8.000 m2 is currently leased and in the 2018 budget, the lease income is expected to be above 1,9 million Danish Kroner with a deposit of 416.796 DKK. 5.500m2 is currently available. The expected income if it becomes fully rented is ca. 3 million DKK.

The property will be sold on a Dutch auction.

The Dutch auction is characterized by a descending price, starting at index 100 the price will decrease by X percentage point on every business day at 12.00 PM until a bidder accepts the price offered or until seller decides to rather keep the property. Once a bidder accepts a price offered, the bidder has 2 business days to sign the Sale and Purchase Agreement and pay a deposit. If the bidder fails to perform, the auction will resume after the 2 business days have passed.

Interested bidders can access all relevant data, drawing and the applicable Sale and Purchase Agreement after registering and qualifying for the auction.

The auction has started and property becomes increasingly attractive as the price decline.

Please enter the Danish page to see the auction.