Apartment building in a sought-after location on Nikolassee

€1,600,000
  • ~707 m² Total surface
  • ~707 m² Living area
  • ~2,411 m² Plot surface
  • Construction year 1970

Description

The property in question comprises two blocks of flats, built around 1970, comprising a total of twelve residential units. All flats are let and are spread over two full storeys in two separate buildings. Access to the flats is via a staircase typical of the period in which they were built, but which is well maintained. All flats have balconies facing either the quiet inner courtyard or the street. Of particular note is the excellent location in the immediate vicinity of the popular Nikolassee and the Grunewald, known as Berlin's 'green lung'. The most recent refurbishments to the properties took place approximately ten to 15 years ago, during which the two roofs were modernised and the sewage pipes – including the roof drainage system – were completely replaced right down to the street sewerage system. The main fresh-water supply pipes were replaced in 2026. The flats are also predominantly in a well-maintained and, in some cases, good condition; six units were comprehensively refurbished when tenants moved out. The flats are fitted with laminate flooring, white-tiled bathrooms and, for the most part, fitted kitchens. Most of the windows date from the year the buildings were constructed. Heating and hot water are provided centrally via a gas central heating system serving both building blocks. The property is currently located outside the scope of any conservation order. Not a conservation area Sought-after residential area Traffic-calmed street Basic condition Popular flat sizes Balconies available Gas central heating Fully let Average rent for residential units: 9.51 EUR/sqm 29652
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-29652

Property details
  • Property type

    Investment

  • Parking spaces

    3

  • Total surface

    ~707 m²

  • Living area

    ~707 m²

  • Plot surface

    ~2,411 m²

  • Usable surface

    ~707 m²

  • Target return

    5.4 %

Energy efficiency information
  • Construction year

    1970

  • Energy certificate available

    No

Location: Nikolassee, Berlin

Zehlendorf is one of Berlin's most sought-after residential areas. Magnificent villas, high-quality detached houses and well-maintained residential neighbourhoods characterise the townscape. Numerous green spaces, spacious gardens and the proximity to lakes and waterways create a particularly attractive and nature-oriented living environment. The immediate proximity to the Großer Wannsee, with its marinas and jetties, the renowned golf club and several prestigious private schools, underlines the high standard of living and quality of life in the area. The Nikolassee district is particularly appealing due to its peaceful, green setting and, at the same time, its excellent transport links. The local infrastructure is characterised in particular by two S-Bahn lines, the Avus (A115) and the B2 federal road. Lohengrinstraße runs parallel to Nikolassee. The Wannsee S-Bahn station on Kronprinzessinnenweg is just a few metres from the property; in the opposite direction lies the Nikolassee S-Bahn station. Both stations ensure a fast and convenient connection to Berlin city centre and other central districts. Furthermore, there are numerous shopping facilities for everyday needs in the immediate vicinity, including supermarkets, specialist shops and service providers. The area's culinary diversity also leaves nothing to be desired: numerous restaurants, cafés and bistros invite you to discover new flavours and linger a while. The combination of living close to nature, excellent infrastructure and a wide range of leisure and amenities makes this location particularly attractive.

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