PROPERTY FEATURES
Asking price
€ 185.940
Rent P.A.
€ 16.704
Size
135 m2
Yield
9.0 %
SOLD

Phileas Foggstraat, Emmen, The Netherlands

Property Description
Invest with 9% gross initial yield in GaragePark Emmen!

Newly delivered garage boxes for sale with a gross initial yield of 9% and a one-year rental guarantee.

Emmen gets the first GaragePark in Drenthe! In Emmen (with more than 100,000 inhabitants one of the most famous cities in the province) GaragePark is building its 41st location.

GaragePark Emmen will have 90 garage boxes in two different sizes on the first floor. Below you can find all information about GaragePark Emmen.

Location and accessibility

GaragePark Emmen is being built on Phileas Foggstraat, in the largest business park in the north of the Netherlands (Bargermeer). The location is therefore very conveniently situated between the N391 ring road, the Emmen-Kazienaveen N862 road and the A37 freeway, making for excellent accessibility.

Relentless growth freelancers in Emmen

Our market research shows that within 10 minutes (driving) from the location over 70,000 people can be reached, of which no less than 2,600 relevant ZZP'ers! And this important target group is constantly growing. Already as of 2018, Emmen shows an unrelenting growth in ZZP'ers. This knowledge makes us extremely excited about the first GaragePark location in Drenthe.

GaragePark Emmen is a unique opportunity!

Our national tenant campaign (including a television commercial on national television) is bearing fruit. We have been able to show our complete concept to a larger audience and this has led to a lot more interest in renting and buying a garage box. There has also been enormous growth in the group of potential investors. Our recently announced park in Nieuwegein, where 206 garage boxes are being built, was completely sold in a very short time. In Emmen, the first location in Drenthe with 90 garage boxes (all located on the first floor), we expect a similar development. Partly because we will also be on national television for two weeks in October.

About GaragePark

GaragePark was founded in 2007 and has been the market leader in garage units for over 14 years. At GaragePark you buy one or more garage boxes, possibly in different locations. These garage boxes are then leased to entrepreneurs and freelancers, generating a gross initial yield of 9%. Its strategic locations, the many advantages that GaragePark offers its users, and its intensive marketing and sales policy ensure that the garage boxes are highly rentable.

With the arrival of GaragePark Emmen, GaragePark has 41 locations throughout the Netherlands. You will find us in Almere, Apeldoorn, Groningen, Den Helder, Dronten, Etten-Leur, Nieuwegein, Purmerend, Uithoorn, Wateringen, Zeewolde, Tiel, Soest, Blaricum, The Hague, Bergen op Zoom, Nijmegen, Schagen, Amersfoort, Roosendaal, Rotterdam, Venlo, Venray, Terneuzen and Middelburg.

The garage boxes are used for various purposes. Entrepreneurs, freelancers, shop owners and do-it-yourselfers rent space at GaragePark to safely store their stock, tools, materials, trailers or to perform all kinds of work.

Why tenants choose GaragePark:
  • Low-maintenance boxes in a highly secured and facilitated GaragePark.
  • Multi-purpose: the boxes can be used as storage space, workspace or business premises.
  • Safe: burglar and fire alarm and 24/7 camera security and LIVE surveillance (BORG-2)
  • 24/7 access: always access with a personal keytag
  • Quality: GaragePark delivers units of the highest quality and materials
  • Private mailbox at the park: your business mail not at home
  • Solar panels: GaragePark is environmentally conscious and cost effective. The park is equipped with solar panels and is self-sufficient in energy.
  • Amenities: every GaragePark has a shared sanitary block with a water supply.
Investing in GaragePark: minimum cost, maximum return.
Buying a garage box at GaragePark is a solid investment with many advantages. The formula, which is unique in the Netherlands, offers investors many opportunities because of the excellent rental potential and the low-maintenance construction of the units. You have the security of your own real estate, because you are the owner and your ownership is recorded in the land register.

Some advantages:
  • Rental guarantee for investments greater than €150.000,-
  • New construction; delivery free to name;
  • 10 year warranty on the garage;
  • Attractive purchase prices;
  • Made of a durable concrete construction;
  • Maintenance through the VvE;
  • Business to rent and trade;
  • GaragePark Nederland can mediate in rentals;
  • Limited vacancy risk due to lettability to a very broad target group;
  • Units at highly secured parks in the Netherlands;
  • Maintained value; built and delivered new and maintenance free;
  • Freely negotiable;
  • Rental and administrative management possible.
Building information
Floor area
Box Type C Ground floor
Dimensions 7m (length) x 3m (width) x 3m (height)
Clearance height 2.4m

Box Type E.3 Ground floor
Dimensions 8m (length) x 3m (width) x 3m (height)
Passage height 2.4m

Contract information
Rental data
3 x unit type C à € 28,990 = € 86,970
3 x unit type E.3 à € 32,990 = € 98,970

Total: € 185,940

Rental income per year
3 x unit type C à € 217 = € 7,812 per year
3 x unit type E.3 à € 247 = € 8,892 per year

Total: € 16,704, - per year

Gross initial yield: 9% + rental guarantee
This offer carries a rental guarantee of one year, which guarantees the return immediately. Naturally, the number of units, the type of units and their distribution across various other Garage Parks can be discussed. For more information on the possibilities of investing in GaragePark garages, please complete the reply form.

Purchase price € 185,940 L.O.N. excl.
Map
Phileas Foggstraat
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