It is office units investment in Prenzlauer Berg. Description
The total floor area is 260 m².
There are four offices and one side room.
The building was constructed in 1900 and renovated in 2002. Good condition.
The office has a tea kitchen, separate WCs, central heating.
All premises are leased out to a single tenant.
Absolute income is 108,000€.
The current yield of 5%.
The tenant is strong company branch.
The lease agreement is valid until 2020 with extension options for 2x5 years and indexation of rental rates.
Notary fee of 1,5%.
RE purchase tax of 6%.
The broker's fee of 7,14%.
The property is situated next to the Arnimplatz, at the border to Wedding.
Shops, restaurants, bus stops, metro and train station are in the immediate vicinity.