Prime Investment Opportunity in Kreuzberg – 20.6x Yield with Growth Potential
Key data
Location
10997 Berlin
10997 Berlin
Rentable area approx.
3500 m²
3500 m²
Price
10.500.000 €
10.500.000 €
Commission note
In the event of a successful brokerage of the purchase agreement for the property described above, the buyer is obligated to pay a commission amounting to 5.95 % of the total purchase price, including statutory VAT. The commission is payable by the buyer directly to goldSCHWARZ Immobilien GmbH. Upon conclusion of the purchase contract, an immediate payment claim arises. An identical commission agreement has been concluded with the seller.
In the event of a successful brokerage of the purchase agreement for the property described above, the buyer is obligated to pay a commission amounting to 5.95 % of the total purchase price, including statutory VAT. The commission is payable by the buyer directly to goldSCHWARZ Immobilien GmbH. Upon conclusion of the purchase contract, an immediate payment claim arises. An identical commission agreement has been concluded with the seller.
Description
In a highly sought-after central location in Berlin-Kreuzberg, we are offering, as part of a discreet marketing process, a sustainably attractive residential and commercial property comprising approximately 50 units. The building has around 3,500 sqm of lettable space.
The current rental income amounts to approximately €463,000 p.a. (factor 22.6). The target rental income is around €510,000 p.a. (factor 20.6). The sale is based on the target rental income, offering immediate potential for value appreciation. As part of the transaction, the owner will refurbish the façade and replace all windows with energy-efficient, contemporary units. The modernization costs will be applied accordingly, thereby strengthening both the income base and the long-term quality of the property.
The current rental income amounts to approximately €463,000 p.a. (factor 22.6). The target rental income is around €510,000 p.a. (factor 20.6). The sale is based on the target rental income, offering immediate potential for value appreciation. As part of the transaction, the owner will refurbish the façade and replace all windows with energy-efficient, contemporary units. The modernization costs will be applied accordingly, thereby strengthening both the income base and the long-term quality of the property.
Object data
Number of parking spaces
7
7
Commission
5.95 %
5.95 %
Rentable area approx.
3500 m²
3500 m²
Rented
Ja
Ja
Cellar
Ja
Ja
Travel time to next public transit
3 Min.
3 Min.
Travel time to next train station
8 Min.
8 Min.
Travel time to next airport
22 Min.
22 Min.
Translation missing: en.simple_form.labels.defaults.distance_to_pt_in_km
0.2
0.2
Translation missing: en.simple_form.labels.defaults.distance_to_mrs_in_km
2.4 km
2.4 km
Translation missing: en.simple_form.labels.defaults.distance_to_airport_in_km
20.9 km
20.9 km
Energieverbrauchsausweis
Further information
Discover more exclusive real estate offers at:
www.goldschwarz.de
Are you looking to sell your property?
Often, we already have the perfect buyer in our extensive client database.
Interested in knowing the current market value of your property?
Our experienced specialists are available for a non-binding conversation.
We look forward to hearing from you.
You can reach us at info@goldschwarz.de or by phone at 030 89 40 89 87.
The information regarding our real estate offers comes directly from the property owners or the parties mentioned in the advertisements. We do not assume liability for their accuracy. All offers are subject to availability, and prior sale is possible. Binding commitments require written confirmation to be valid.
www.goldschwarz.de
Are you looking to sell your property?
Often, we already have the perfect buyer in our extensive client database.
Interested in knowing the current market value of your property?
Our experienced specialists are available for a non-binding conversation.
We look forward to hearing from you.
You can reach us at info@goldschwarz.de or by phone at 030 89 40 89 87.
The information regarding our real estate offers comes directly from the property owners or the parties mentioned in the advertisements. We do not assume liability for their accuracy. All offers are subject to availability, and prior sale is possible. Binding commitments require written confirmation to be valid.