Hulda Lindgrens Gata 3

Introduction / General description

Högsbo 10:7 is an attractive and well-maintained commercial property in the heart of Högsbo – one of Gothenburg's strongest and most sought-after business areas. The property offers a modern and diversified mix of premises with offices, restaurant operations and warehouse space, creating both stability and long-term demand. The 100 percent occupancy, clear revenue base, broad tenant mix and excellent strategic location make the property a highly interesting acquisition for investors seeking secure returns and long-term growth in a mature and expanding market area.

The property combines strong earnings, low risk parameters, attractive ground rent and market-based rent levels – which together provide an excellent value-add and hold case in one of Gothenburg's most stable sub-markets.

Property facts

Address: Hulda Lindgrens Gata 3

Municipality: Göteborg

Area: Högsbo

Leasehold: Yes (ground rent SEK 67,248/year, renegotiation 2030)

Lettable area: 1,704 m²

Valuation year: 1965

Premises distribution:

1,180 m² office

230 m² restaurant

85 m² other operations

209 m² warehouse

Tenants & occupancy

The property has an attractive tenant structure consisting of both established local companies and businesses with a long history in the area. The tenant mix creates stability and continuity in the revenue picture.

Tenants include:

Axén & Grönqvist AB

Bechamel AB

JB Digitalisering AB

Kooma Engineering AB

Studio Fredman

Several smaller businesses

Occupancy rate: 100%

WAULT: 2.6 years

The property thus offers a secure cash flow and a revenue level with good predictability.

Key financial figures

Rent: approx. SEK 1.88 M/year

Net operating income: approx. SEK 1.20 M/year

Market value: SEK 17.4 M

Direct yield: 6.9%

Price per m²: SEK 14,746/m²

The yield is attractive relative to the property's risk profile, tenant composition and the area's low vacancy rate.

Investment strengths

• 100% let with a stable and diversified tenant mix

• Balance between office, restaurant and warehouse – long-term attractive revenue portfolio

• Low ground rent with a long term until the next renegotiation

• Strategic location in Högsbo with continued low vacancy and high demand

• High yield in one of Gothenburg's most stable market segments

Energy declaration & building technology

Designation: Högsbo 10:7

Atemp: 1,650 m²

Type code: 326 – rental housing unit, office within industrial land

Floors: 4

Stairwells: 1

Year of new construction: 1986

Technical systems

Heating: Heating oil + electricity (airborne)

Ventilation: FT system

OVK: Performed

Energy performance

Primary energy number: 119 kWh/m² year

Specific energy use: 90 kWh/m² year

Proposed measures:

Area description – Högsbo

Högsbo is one of Gothenburg's most mature and well-functioning business areas, with traditionally very low vacancy and a wide range of companies in technology, industry, construction, trade and service. The area's locational advantages and transport connections make it one of the region's most sought-after locations for companies requiring logistical flexibility and smooth transport solutions.

Accessibility is excellent, with proximity to Söderleden, Dag Hammarskjöldsleden, Västra Frölunda, central Gothenburg and also Mölndal. For tenants, this means short lead times, a good recruitment base and strong exposure. For the investor, it means stable demand and long-term letting security.

Macro perspective – Gothenburg as an investment region

Gothenburg is the country's strongest growth engine after Stockholm and has in recent years shown very good population growth, a diversified labour market and extensive urban development. The region is growing rapidly thanks to:

The automotive and technology sector

Logistics and warehousing

Port operations

Life science and biotechnology

The service sector

This drives broad and long-term demand for premises and creates stable market conditions going forward.

Summary

Högsbo 10:7 offers a strong combination of occupancy rate, yield, diversified premises structure and low-risk position in one of Gothenburg's most robust and sought-after business areas. The property is an excellent choice for investors seeking stability, direct yield and long-term value growth in West Sweden's economic growth region.