Engel & Völkers
Rückfassade

Residential and commercial building opposite the Schultheiss Quartier

€2,150,000
  • ~832.94 m² Total surface
  • ~765.94 m² Living area
  • ~474 m² Plot surface
  • ~67 m² Rental Surface

Description

The property is a residential building built around 1989 with twelve residential units and a commercial unit let to a physiotherapy practice, spread over six full storeys and accessed via a stairwell and a lift. There are three parking spaces at the rear of the property, accessed via the courtyard driveway. The neighbours can access their parking spaces via a right of way entered in the land register. The residential units are heated by a neighbourhood district heating system. Around 30% of the flats have been successively modernised in recent years as tenants have changed, including the electrical sub-distribution, and are equipped with balconies, fitted kitchens and laminate flooring. The property is located within the scope of a conservation statute, the 'Birkenstraße' neighbourhood protection area and the 'Turmstraße' redevelopment area (comprehensive process until approx. 2026). Central residential area "Birkenstraße" milieu protection area Redevelopment area "Turmstraße" Balconies available Partially refurbished Fully let Passenger elevator Three parking spaces District heating Energy class C Average rent residential: 10,49 EUR/m² Average commercial rent: 12,00 EUR/m² 5566
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-5566

Property details
  • Property type

    Investment

  • Parking spaces

    3

  • Total surface

    ~832.94 m²

  • Living area

    ~765.94 m²

  • Plot surface

    ~474 m²

  • Rental Surface

    ~67 m²

  • Usable surface

    ~832.94 m²

  • Target return

    5.09 %

Energy efficiency information
  • Construction year

    1989

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Long-distance heating

Location: Moabit, Berlin

The district of Moabit is located in the heart of Berlin and is a popular residential area due to its central location, proximity to the government district and the wide range of local recreational opportunities. The property on offer is located in urban proximity to Berlin's Tiergarten and the new central railway station. The Tiergarten, the Neuer See and the Spree offer a variety of trendy restaurants, beer gardens and cafés that invite you to linger. Shops for daily needs can be reached in the nearby Turmstraße. Directly opposite the property is the 'Schultheiss Quartier' shopping centre, which opened in 2018 and offers 20,000 m² of retail space. The good public transport connections - 'Beusselstraße' S-Bahn station, 'Birkenstraße' underground station and the new 'Turmstraße' tram line - and the central city location characterise Moabit as a residential location.

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