Premium residential investment in Munich-Bogenhausen with long-term secured cash flow

Die Wolfskehlstraße 5 combines, in a rarely matched way, one of Munich’s most sustainably value-stable residential locations with a high-quality operator and investment concept.

The unit offered is a fully refurbished shared-apartment (WG) concept with approx. 265 m² of living space over three levels, including a garden and a parking space. In 2025, the property was comprehensively modernized in terms of technology and design and upgraded to a modern premium-segment standard.

The investment is characterized in particular by the following factors:

• long-term, predictable rental income through a commercial indexed master lease,
• annual rental income of EUR 110,040
• high-quality, fully refurbished building fabric,
• attractive co-living/operator concept,
• tax-advantageous depreciation (AfA) structure,
• existing long-term financing,

The unit comprises a total of 14 rooms with high-quality furnishings, modern common areas, several bathrooms, and a fully equipped designer kitchen. The concept was specifically developed for the upscale co-living market and combines modern living formats with efficient use of space.

As part of the refurbishment, among other things:

• electrical and sanitary installations were completely renewed,
• a modern network and communications infrastructure was created,
• high-quality materials were installed,
• sound insulation and technical standards were optimized,
• and the garden and outdoor areas were completely redesigned.

The existing master lease ensures immediate cash flow while significantly reducing the owner’s operational administrative effort. Also noteworthy is the existing financing with an interest-rate fixation until 2035 and a nominal interest rate of 3.75%. A possible assumption represents a clear advantage in the current market environment compared with new financing.