Engel & Völkers
Detail

Well-kept residential and commercial building near Köpenick Palace

€2,200,000
  • 894 m² Total surface
  • 773 m² Living area
  • 657 m² Plot surface
  • 121 m² Office surface

Description

The property, divided according to the German Condominium Act (WEG), is a residential and commercial building built around 1996 with a total of ten residential and one commercial unit, spread over five full floors in a pure front building. The property is accessed via a well-kept stairwell with a passenger lift and is in a well-maintained condition, both technically and visually. There are six additional parking spaces behind the building. The technical condition of the units corresponds to the year of construction. Furthermore, the stairwell, the facades and the electrical and riser pipes were renewed as needed. Furthermore, new double-glazed windows were installed. When the tenants moved out, the pipes in the apartments were gradually replaced and the bathrooms modernised and the floor coverings renewed. The units are heated by a gas-fired central heating system. The hot water is also heated centrally. The residential and commercial building is currently not within the scope of any preservation order. Sought-after residential area Extensively renovated in 2000 1996 according to WEG divided Well maintained Lift available Car parking spaces Gas central heating Converted attic Not a conservation or environmental protection area Average residential rent: EUR8.27/sqm Average commercial rent: EUR9.07/sqm 87466

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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-87466

Property details

Object type

Investment

Parking spaces

6

Total surface

894 m²

Living area

773 m²

Plot surface

657 m²

Office surface

121 m²

Target return

4.18759636363636 %

Energy efficiency information

Construction year

1996

Energy certificate available

No

Location: Adlershof, Berlin

The district of Adlershof in Berlin is a sought-after and popular residential area due to its established, middle-class structures, its large number of parks and forest areas and its good transport links to the city of Berlin. Adlershof is part of the Treptow-Köpenick district and, with around 20,000 jobs in the media, administration, pharmaceutical and scientific sectors, is a real future-oriented location for the city. The district also offers a high quality of life in terms of leisure and recreation due to its proximity to Müggelsee and the Adlershof city forest. The district's attractiveness is expected to continue to grow due to its proximity to the BER airport. The surrounding area offers a range of gastronomic options as well as shops for everyday needs.

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Engel & Völkers Commercial Berlin

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Provider:

License partner of Engel & Völkers Commercial GmbH

Commission details

The commission of 7.14% of the purchase price incl. statutory VAT is to be paid by the buyer.

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