Apartment building for Sale at Hochstrasse Berlin Gesundbrunnen

1.250.000 €

Property Code: LUXAB364
Location: Berlin Mitte - Germany.
Property Type: Apartments
Size: 998 sq.mtrs.
Land Area : 622 sq.mtrs.

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For Sale by:
Realspace Assets LLP

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Project Overview:

Developed in the late 18th Century, the building is conveniently located at Berlin-Wedding. The nearest landmark includes Humboldthain. The total building comprises of 2 commercial (ground floor) and 8 apartments. It also consists of carriage house, bicycle garages / warehouses in the premises.

Address: Hochstrasse 33, 13357 Berlin-Gesundbrunnen
Construction: 1891
Total rental space approx: 998 sq.mtrs (11 units)
Net annual rent: 52,621,08 Euro, no vacancy for rental space
Special futures: Gas heating (1XStove heating), new windows, facade termal insulation, renovated roof.

Purchase price: 125,000,000 Euro
corresponds : 1252 Euro/sq.mtrs
Current Yield : 4.2 % per annum