McGrath Group Properties
Date:May 29, 2014

Auroweg 50, Zwickau, DE

The property is a modern residential complex located on the southern edge of the town and comprises a modern 3 storey building. The building is about 8 years old and is laid out in 34 apartments let on a commercial lease to ‘Arbeiter-Samariter-Bund/betreutes Wohned GmbH’. The complex provides sheltered accommodation for elderly people.

Demand for this type of specialist purpose built complex is strong. A change of use is not anticipated for this property in the foreseeable future

Zwickau is located in the state of Saxony, approximately 75km south of Leipzig. The town has a population of 100,000.