Residential and commercial building completely renovated in 2007 in the sought-after Helmholtz neighbourhood – energy efficiency class C
Price
€7,950,000
Residential and commercial building completely renovated in 2007 in the sought-after Helmholtz neighbourhood – energy efficiency class C
€7,950,000
~2,386 m² Total surface
~2,205 m² Living area
~750 m² Plot surface
~181 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
Your advisor: Team Investment Wohn- und Geschäftshäuser
Property ID: OI-BER-7040
Property details
Property type
Investment
Total surface
~2,386 m²
Living area
~2,205 m²
Plot surface
~750 m²
Office surface
~181 m²
Usable surface
~2,386 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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