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Engel & Völkers Commercial Berlin

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OI-BER-161677 – This is the Engel & Völkers property ID, your agent might ask for it.

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Engel & Völkers ID : OI-BER-161677

Spandau, Berlin, Germany

Split apartment building ensemble

Price

€6,300,000

Plot surface960 m²

Financing option

Amenities and special features of this investment

The property for sale, which is used purely for residential purposes, consists of a front building and a garden house. The two buildings are connected in the first courtyard by a glazed passageway. In 1988, the property was thoroughly renovated, including the renewal of the supply and sewage pipes as well as the electrical installations. The attic of the front house was extended in 1995 and of the garden house in 1996 including terraces. Most of the windows were renewed between 1994 and 2000. The property is heated by oil-fired central heating, with the exception of seven units which have gas boilers. Behind the garden house there is a garden strip belonging to the property, which is partly used by the tenants. In the first courtyard there are bicycle parking spaces and the rubbish places. The property has a total of 38 residential units, which are accessed by a total of four staircases. Due to the very popular flat sizes as well as the quiet residential location, the proximity to the charming Lutherplatz with its historic church, and the good local supply, new lettings are always possible without any problems according to the owners. The property has been subdivided according to land register law since 1992. Overall, the condition makes a well-kept impression, with a few exceptions. The property is currently located in the "Spandauer Neustadt" area, which is a protected area. Milieu protection area: "Spandauer Neustadt Quiet residential area Small units Subdivided according to land register law since 1992 Close to Lutherplatz Demanded location Converted attic Glazed passage to the garden house Good traffic connections in the surrounding area Average rent residential: 7,96 EUR/sqm 161677

Property typeInvestment

Living area

2,338 m²

Total surface

2,338 m²

Plot surface

960 m²

Year of construction

1900

Energy efficiency class

A+

Energy certificate available

Yes

Energy source

Oil heating

Energy Certificate Type

Energy Consumption Certifiate

Spandau: Location and surroundings of this property

The property is located in an up-and-coming residential area in the Neustadt district of Spandau. The heart of the neighborhood and at the same time a place of recreation is the nearby Wröhmännerpark. New construction projects such as the "Carossa Quartier" or "Waterkant", whose plans include approximately 4,000 apartments, are located in the immediate vicinity. Utilities and schools are within walking distance, as is the Vivantes Clinic, which is located just one street to the north. Bus lines provide easy access to the pedestrian zone of the old town of Spandau as well as the long-distance train station with connections to the U-Bahn and S-Bahn. The Spandauer Arcaden are also located directly at the station. Overall, there is a good connection to the Berlin city center. The newly designed banks of the Havel River invite you to take a walk.