Engel & Völkers
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Completely renovated, furnished residential and commercial building in Mariendorf

€8,000,000
  • ~1,422.83 m² Total surface
  • ~1,200.83 m² Living area
  • ~1,354 m² Plot surface
  • ~222 m² Rental Surface

Description

The property is a residential and commercial building constructed around 1910 with 42 high-quality furnished apartments and four commercial units spread over four full floors in the front building and side wing. The property is accessed via two very well-maintained stairwells and is in very good condition, both technically and visually, as it underwent a complete and comprehensive renovation in 2021. New fitted kitchens and new bathrooms were installed in each unit. The residential units are heated by a new gas central heating system, and hot water is supplied decentrally via instantaneous water heaters. Most of the apartments have high-quality laminate flooring. The apartments are equipped with new plastic windows. The attic was also renovated to a high standard as part of the current refurbishment. All tenants are first-time occupants after the renovation. The property is located within the scope of the preservation statute of the "Mariendorf" environmental protection area. Mariendorf conservation area New construction standard Popular and sought-after residential area Furnished living Facade with balconies Gas central heating Energy efficiency class D Attic converted Rental guarantee Residential: EUR26.50/sqm Average commercial rent: EUR21.73/sqm 1602
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-1602

Property details
  • Property type

    Investment

  • Total surface

    ~1,422.83 m²

  • Living area

    ~1,200.83 m²

  • Plot surface

    ~1,354 m²

  • Rental Surface

    ~222 m²

  • Usable surface

    ~1,422.83 m²

  • Target return

    5.73 %

Energy efficiency information
  • Construction year

    1910

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Energy source

    Gas heating

Location: Mariendorf, Berlin

Mariendorf is a district in the borough of Tempelhof-Schöneberg. Mariendorf is known nationwide for its trotting track, among other things. Numerous shopping opportunities and restaurants are located on Mariendorfer Damm itself, which is also an important transport link between Potsdamer Platz in the north and the Brandenburg countryside to the south. To the north are the Ullsteinhaus and the Tempelhofer Hafen shopping center with over 19,500 m² of retail space. The connection to public transport is very good, with the Westphalweg and Alt-Mariendorf stations on underground line 6 and bus line 282. The nearby Volkspark Mariendorf with its beautiful green spaces is a place of relaxation.

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