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30.07.2010   FrontLine Berlin RSS Feed
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Apartment Block in Pankow Berlin
Berliner Str.

Property Ref: FBEI1163

 














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Apartment Block in Pankow            
   



 
 

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USD 2,442,000
GBP 1,474,688
RUB 70,966,500
TL 3,648,150


Ref: FBEI1163   Area: Pankow   Size: 2967.00 m²
Type: Apartment Block   Street: Berliner Str.   Baths:
State: Berlin   Tenanted: yes   Yield: 8.1 %
City: Berlin   Rooms: 0   Price: EUR 1650000
(556 EUR/m²)


Berlin-Pankow, a mixed commercial and residential investment opportunity producing 8.1% yield.

Pankow has become a first choice area for property investors here in Berlin. This property is well located for transport links into central Berlin and also to enjoy the benefits of the local area with its sports and leisure facilities, parks and the River Panke.

The large plot size of 5800m2 encompasses five residential and seven commercial units in several buildings. The modernized building on the front of the plot has the residential units with one commercial. There is significant scope for further development within the plot. The residential floor area total is 333m2 and the commercial total floor area is 2635m2. All the commercial units have long term leases.

This property offers a tremendous investment opportunity.

The sales price EXCLUDES commission of 7.14% incl. tax.
 
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