This apartment building is located in a quiet road near to the historic old town of Spandau, Berlin. The property is close to Spandau Lake and has excellent transport links to the city centre and airport.
The actual rental income for this property is approximately 56,000 Euros producing a 5.4% yield, however, the anticipated income exceeds 70,000 Euros with a potential yield of 6.8%.
The four storey property was built in 1900 and modernized in 1993. The building comprises of 24 residential units with a floor area of 1280m2.
The property purchase price is a very competitive 742 Euros/m2 and in addition there is the possibility to develop the roof space.
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Local amenities
» Less than half a mile from Local Shops
» Less than half a mile from Supermarket
» Less than half a mile from Shopping Centre
» Less than half a mile from Bar
» Less than half a mile from Restaurant
» Less than half a mile from Bus Stop
» Less than half a mile from Railway Station
» Less than half a mile from Metro
» 10 miles from Airport
» Less than half a mile from Nursery/Creche
» Less than half a mile from Primary School
» Less than half a mile from Secondary School
» 1 mile from Sports Centre
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Property Type: Apartment
Name/Reference: Ref:1412 |
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Country: Germany |
| Region: Spandau
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| City / Town: Berlin
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| Location: Inland,
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Airport 1: , Distance: 5 km
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Property Features:
Floor Area: 1280 (m2)
Bedrooms: 24
Bathrooms: 15
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| Asking Price: |
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1,045,000 |
902,044 |
1,454,536 |
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CONTACT INFORMATION |
| Contact: |
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| Company: |
selectoverseas.com |
| Language(s): |
English |
| Location: |
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Phone 1: 44-208 823 9210
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