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Office building in Berlin

3,795,000 €
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Total area: 1,273 m² Yield: 4.0% Built in 1994
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Features
  • Operating Incomе: 153,697 €
  • Occupancy: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 7.1%

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.

More properties

If this property wasn’t for you, take a look at other office buildings for sale in Germany.

You can see more office buildings for sale in Berlin elsewhere on our website.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services