PR24268, Residential and Commercial, Berlin, Berlin, Germany
€1,500,000,
This is an attractive residential building with fixed inner court. It consists of front building and two side wings. The property mostly consists of commercial units. There are 17 units in total, 3 of which are residential and the rest all commercial. The attic has been recently extended and has three apartments, whereby two of them are very spacious and one unit is used as an office at the moment.
The property is in a good condition. It was fully refurbished 10 to 15 years ago. The units are extended from the front house to the side wing. Therefore, there are mainly two units per floor. A staircase is available in each side wing, so a division into smaller units is possible. The spaces in the basement are connected to the ground floor via stairs.
The property has an attractive city centre location, easily accessible, very calm and mainly business location. There are numerous shops, services, offices, furniture shops and restaurants. Relatively good pedestrian frequency in the area and “Potsdamer Platz” is reachable in five minutes by car. “Kurfürstendamm” is seven minutes distance further, “Nollendorfplatz” is two minutes and city train is ten minutes away. Public transportation is to be found in various options in the vicinity of the property.
This property can easily achieve a yield of 9% and higher if a professional management company was in place. A little bit of attention and better management this property will be top investment! For further information on this property, please contact properties24 any time. Alternatively, visit our website www.properties24.org for more properties throughout Germany.
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