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Office building in Berlin with a 4% yield

3,795,000 €
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Total area: 1,273 m² Yield: 4.0%
  • Built in 1994

It is an office building for sale in Eastern Berlin. Description

The total building area is 1,273 m².

The ground floor accomodates retail unit, all other premises are occupied by offices. The attic floor is developed for office units, the building has a basement floor.

The property was built in 1994 and now is in good overall condition.

The offices have balconies, there is an elevator.

There is also a parking.

All areas are leased out.

Financial performance

Absolute income is 153,697 €.

The current yield of 4%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 7,14%.

Location

Public transportation and metro stations are in close vicinity.

There are shops, malls and other infrastructure in walking distance.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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