A stately, historic stucco building with development potential near Kurfürstendamm

The property is a stately old building, constructed around 1911, comprising a total of 21 flats and one commercial unit. The units are spread over five full storeys and a largely converted attic. Access to the property is via two well-maintained stairwells and an internal passenger lift in the front building. The property features bay windows and balconies on both the street-facing and courtyard-facing sides. Numerous period features, such as the decorative stucco on the façade – which was renovated in 2006 – and inside the flats, the historic doors, and the entrance hall finished with wood panelling and stucco, emphasise the property's historic charm. In particular, the entrance area adorned with columns and the front gardens – which have become a rarity – complete the stately, traditional Charlottenburg character of the building. The property is in good condition. Central gas heating was installed in 2006 to supply the flats with heat. Hot water is provided by instantaneous water heaters. Some of the historic double-glazed windows have been replaced with new uPVC double-glazed windows. Historic windows worthy of preservation have been professionally restored. With due regard for the preservation of the building's original features, the flats have been gradually refurbished during tenant turnarounds. Maintenance work is currently being carried out on the roof of the transverse building and the side wing, where, amongst other things, the underlay and roof covering are being replaced. The attic in the rear side wing and half of the transverse building have not yet been converted. Overall, the property is in good condition, offers potential for rent growth and exemplifies the stately architectural style of residential and commercial buildings from the Gründerzeit period. The property is located neither in a heritage conservation area nor in a regeneration area. Exclusive location on Kurfürstendamm Not a protected neighbourhood Stately old-building charm Passenger lift Fully let Rental Growth Potential Attic largely converted Balconies and bay windows Gas central heating Energy efficiency class E Excellent public transport links Average residential rent: EUR10.23/sqm Average commercial rent: EUR19.42/sqm 33612