A well-maintained apartment block with a spacious plot, situated not far from Kurfürstendamm, with energy rating B

€4,650,000
  • ~1,726 m² Total surface
  • ~1,726 m² Living area
  • ~1,534 m² Plot surface

Description

The apartment block was built around 1962. It comprises 34 residential units, eight garages and nine parking spaces, and is in a well-maintained condition. The units are spread across six full storeys in a front building only, which is equipped with a passenger lift. Heating is provided by a gas central heating system installed in 2008, with a decentralised hot water supply via instantaneous water heaters. Most of the flats have a balcony. The units have been progressively maintained in recent years. In the past, many windows were replaced and the façade was insulated, resulting in the property being rated energy class B. Furthermore, the property boasts a spacious plot. The apartment block is not subject to any conservation order. Prime residential location Well-maintained Spacious plot Garages and parking spaces Passenger lift Gas central heating Energy efficiency rating: B Fully let Average rent for residential units: EUR9.47/sqm Not a conservation or heritage protection area 28161
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-28161

Property details
  • Property type

    Investment

  • Parking spaces

    9

  • Total surface

    ~1,726 m²

  • Living area

    ~1,726 m²

  • Plot surface

    ~1,534 m²

  • Usable surface

    ~1,726 m²

  • Target return

    4.53 %

Energy efficiency information
  • Construction year

    1962

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    70 kWh/m²a

Location: Halensee, Berlin

The property is situated in the Halensee neighbourhood of the Charlottenburg-Wilmersdorf district, not far from Westfälische Straße and within walking distance of Kurfürstendamm. The location thus benefits from one of Berlin's best-known and most prestigious shopping and business streets, which offers an excellent urban infrastructure as well as a diverse range of retail, dining and service options. At the same time, the location is characterised by a quiet, established residential environment with predominantly well-maintained apartment blocks, combining a pleasant living atmosphere with the advantages of a central city location. Halensee is regarded as an established and sought-after residential area and appeals to a broad range of residents, including families, working professionals and senior citizens. The immediate vicinity offers numerous shopping facilities for daily needs, dining options and a variety of service providers. The proximity to Kurfürstendamm complements this offering with further high-quality amenities and leisure facilities. Nearby green spaces and recreational areas further contribute to the enduring appeal of the residential environment. Public transport links are considered good. Halensee station is within walking distance and ensures quick and convenient access to Berlin city centre and other districts.

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