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Investment Property
Date & Time Listed: 2015-06-03 08:15:23 (GMT)

Posted in Categories: Real Estate, Other
Posted From: Germany, Berlin, Hellersdorf


Ad Details:

Property ID: 2402198796
Price: € 31,000,000.-
The attractive building complex, erected with solid red bricks, was completed in 1998. On site there are 198 apartments, 63 commercial units, an underground garage with 84 parking spaces and 127 outdoor parking spots.
The buildings are arranged around an arc-shaped residential courtyard and the square within is equipped with nice benches where to relax. Highlight of the complex is the generous greening.
The building complex is in good condition and there are no residual renovation works left. The current occupancy rate is 100% (full capacity).
Among the commercial units the biggest one is a supermarket, with a surface of 835m². Next to it there are many small shops, several restaurants, medical practices, service providers, a bank, a tax consultant and also a post office. Alltogether they constitute an ideal local infrastructure.
The rentability of the commercial units is good. Furthermore, some of the shops have a usable surface that spreads over two floors, which is a very appealing feature.
The apartments are modern and functional. Almost all units have a balcony and some of them have a built-in kitchen. The bathrooms are equipped with shower or bathtub.
The entire building complex has a gas central heating system with central hot water supply.
The residential and commercial complex is located in the district of Marzahn, in the north-east of Berlin. The city center can be reached in about 20 minutes and there are different public transports available. There is direct connection to the S- and U-Bahn networks (railway and subway), as well as various bus and tram lines.
Price: 31,000,000.00 EUR

Keywords:

Berlin Yield Estate, Berlin, Investment, Block of apartments, Commercial units, For sale
For more details about this listing please click here to access the webpage provided by listing owner.



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