Real Estate Residential Buysstraße 13

Buysstraße 13

An older apartment building dating from around 1900 in Düsseldorf-Unterbilk, with nine residential units on the banks of the Rhine, 1898.

Year Built

1937

Rental Space

approx. 613 m²

Residential Units

9

Acquisition

2022

A corner townhouse built in 1937 in Düsseldorf-Unterbilk, with the basement purposefully converted into a residential unit.

The KOEHLER GROUP acquired the property at Buysstraße 13 in January 2022. The apartment building is located in the Unterbilk district, one of Düsseldorf’s liveliest residential neighborhoods close to downtown, within walking distance of the banks of the Rhine and in the immediate vicinity of the Old Town. Karolingerplatz is just a few minutes’ walk away and offers access to Düsseldorf’s light rail network. The building was constructed in 1937 as a corner townhouse and stands on a 413 m² lot. Following the acquisition, the basement was converted into a full-fledged residential unit, subject to the necessary permits. The property is fully leased, and its location in the lively Unterbilk neighborhood, close to the banks of the Rhine, ensures stable demand. The contractually fixed annual net rent (excluding utilities) has increased significantly since the purchase.