Engel & Völkers
Beispiel Treppenhaus

Residential and commercial building completely renovated in 2007 in the sought-after Helmholtz neighbourhood – energy efficiency class C

€7,950,000
  • ~2,385.97 m² Total surface
  • ~2,204.63 m² Living area
  • ~750 m² Plot surface
  • ~181.34 m² Office surface

Description

The residential and commercial building was constructed around 1900 in a classic Berlin front building style with a south-facing orientation, a left wing and a transverse building. The total lettable area of approx. 2,386 m² is divided into 31 residential units and two commercial units used as offices. Access is via three separate stairwells. The property was completely renovated in 2007 and is located almost opposite Kollwitzstraße – in one of the most sought-after locations in Prenzlauer Berg. In the course of the renovation, all building services – from building services, electrical and plumbing to windows, facade and interior fittings – were completely renewed. This is therefore a genuine core renovation. All apartments have been modernised to a uniform standard and feature hallways with wooden floors, tiled bathrooms with bathtubs and walk-in showers, and fitted kitchens. The attic was newly converted to a high standard as part of the renovation. In addition, a modern glass passenger lift was installed in the front building in 2008. The property is located in an excellent residential area between Helmholtzplatz and Kollwitzplatz – both squares are less than a five-minute walk away. Heat is supplied by gas central heating, which is housed in the renovated and dry basement area. The apartments offer attractive floor plans with living spaces ranging from approx. 23 sqm to 166 sqm. Most of the units have balconies and feature classic old building details. The structural condition of the property is overall very well maintained and of high quality. The property is located within the 'Helmholtzplatz' milieu protection area. Location in the 'Helmholtzplatz' conservation area Highly sought-after residential and commercial location Front façade with balconies and sunny south-facing orientation Complete renovation in 2007 – complete modernisation of the entire building including all apartments Attic floor converted Fitted kitchens in the apartments Gas central heating Energy efficiency class: C Modern glass passenger lift, built in 2008 Fully let Average residential rent: 10.82 EUR/sqm Average commercial rent: 10.92 EUR/sqm 7040
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-7040

Property details
  • Property type

    Investment

  • Total surface

    ~2,385.97 m²

  • Living area

    ~2,204.63 m²

  • Plot surface

    ~750 m²

  • Office surface

    ~181.34 m²

  • Usable surface

    ~2,385.97 m²

  • Target return

    3.9 %

Energy efficiency information
  • Construction year

    1900

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

Location: Prenzlauer Berg, Berlin

The property is located in one of the most sought-after areas of Berlin-Prenzlauer Berg, a central lifeline of the district. The address impresses with its urban atmosphere, excellent infrastructure and close proximity to popular trendy neighbourhoods, green spaces and a wide range of local amenities. In the immediate vicinity, numerous cafés, restaurants, small shops and weekly markets invite you to linger, especially around Kollwitzstraße, which is only about 100 metres away, and Helmholtzplatz, which is one of Berlin's most charming and sought-after residential areas. The transport links are excellent: tram lines M10, M2 and M4 stop in the immediate vicinity and connect the property directly to Alexanderplatz, the main railway station, Friedrichshain and Pankow. The S-Bahn stations 'Prenzlauer Allee' and 'Greifswalder Straße' are also within easy reach and ensure optimal connections to the entire Berlin city area.

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Engel & Völkers Commercial Berlin

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Engel & Völkers Gewerbe Berlin GmbH & Co. KG

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