Formerly IBB subsidised residential and commercial building near the Havel

The property is a residential and commercial building constructed in 1984, consisting of 14 residential and two commercial units spread across five full floors including a developed attic storey. The individual apartments, all of which have a balcony, are accessed via a well-kept stairwell with a passenger lift that was modernised in 2021. Over the past ten years, three apartments have been renovated, with the bathrooms, kitchens and electrical systems being replaced. Another apartment has also been modernised, except for the bathroom. All apartments have fitted kitchens belonging to the landlord. The property is currently fully let and is in a condition that is typical for the year of construction, both technically and visually. The apartments are heated by a district heating contracting system that was newly installed in 2020. The generously proportioned rear property offers very good lighting and invites you to linger due to its attractive design. In addition, garages and parking spaces that were redesigned in 2016 are located here. In the case of this property, the IBB follow-up runs until the end of 2035, which applies to both the occupancy (by presenting a certificate of eligibility for housing) and the rent freeze. Rents can be increased annually based on the current business plan, which results in an annual adjustment of EUR0.12/m² of living space. Furthermore, the property is subject to a preservation statute, the 'Wilhelmstadt' environmental protection area, and is in a redevelopment area with a simplified procedure. Clean front building Attractive flat sizes 'Wilhelmstadt' neighbourhood protection area Simplified redevelopment procedure IBB follow-up commitment until the end of 2035 District heating - contracting Passenger lift Balconies available Garages and parking spaces available Average residential rent: EUR 8.58/sqm Average office rent: EUR 11.26/sqm Average shop rent: EUR 20.32/sqm Top floor converted 130720