Office building in the center of the city.
Description
The area of the property is 1,059 m².
The building was built in 1900 and renovated in 2001.
Equipment
- central gas heating system
- elevator
- loft
- ventilation system
Financial performance
The absolute annual income is 198,304 €.
The current yield is 4,4%.
Tenants
The property is fully leased to 8 tenants, represented by medical institutions.
The WALT is 6.4 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6,0%.
The brokerage fee is 4% + 19% VAT (in total 4.76%).
Location
The property is located in the center of Berlin in the Pankov district with many restaurants and shops.
There are bus and tram stops nearby.
The distance to the airport is 13.5 km.
