Eingangsbereich

Two historically protected apartment buildings that are part of a homeowners' association

€12,000,000
  • ~4,671 m² Total surface
  • ~4,671 m² Living area
  • ~4,794 m² Plot surface
  • Construction year 1906

Description

The property consists of two apartment buildings with a total of 43 residential units. The two historic buildings were built around 1906 and are part of a building ensemble. The area, which is completely under monument protection, was rebuilt and core renovated from 2009 to 2011 into high-quality apartments. The two apartment buildings consist of 13 and 30 apartments, which are currently all fully rented. The residential units are accessed via very nice staircases without passenger elevator and correspond to the charming overall impression of the property. Until mid-2021, the entire area was supplied with heat via a pellet heating system, which was located in a boiler house on the property. Recently, however, it was converted to district heating. Hot water is now also provided centrally via district heating. The apartments have high-quality fittings with parquet floors and modern bathrooms. All units also have a balcony or terrace with a view of the stately estate with its many green spaces and the park-like character of the complex. The apartments are in very high demand, especially among young families, due to their location in a green area and the simultaneous good accessibility to Berlin's city center. Furthermore, both apartment buildings offer a total of 43 parking spaces. In one of the properties there is also a 200 m² wellness area, which is not currently used by the tenants. The area is not within the scope of a preservation statute. Quiet residential area on the outskirts of town Part of a listed building complex Very good condition Energy efficiency class D & E Park-like grounds Car parking spaces available No environmental protection restrictions Part of a owners' association Average rent for residential properties: 12.26 EUR/sqm O8020
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O8020

Property details
  • Property type

    Investment

  • Parking spaces

    53

  • Total surface

    ~4,671 m²

  • Living area

    ~4,671 m²

  • Plot surface

    ~4,794 m²

  • Usable surface

    ~4,671 m²

  • Target return

    5.9 %

Energy efficiency information
  • Construction year

    1906

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Final Energy Consumption

    125.59 kWh/m²a

  • Energy source

    Long-distance heating

Location: Buch, Berlin

On the northern outskirts of Berlin, in the district of Pankow, lies the district of Berlin-Buch, which borders Brandenburg to the north and east and the Pankow district of Karow to the south. The historic village center, the castle park, extensive clinic facilities and more modern new housing developments characterize the town, which lies on the Panke River. Berlin-Buch is also an internationally renowned science, medicine and technology location. Around 6,500 people work here in the healthcare industry alone, for example. The centerpiece is the 32-hectare Berlin-Buch campus, which is one of the largest biomedical sites in Germany. As a place of local recreation, the forest directly surrounding the properties offers ideal conditions for various leisure activities. Shopping facilities for daily needs are available in many places in the town center around the street Alt-Buch. The connection to the public transport network is optimally guaranteed by various bus lines as well as by the S-Bahn station "Berlin-Buch". From there, the S-Bahn station "Berlin-Friedrichstraße" can be reached in about 25 minutes. By car, it takes less than ten minutes to reach the nearby freeway slip road "Bucher Straße".

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