Investment! Dependance with private courtyard

Berlin Mitte, EG for sale

Contact details

Objectdata

  • Object ID
    Z49_Remise
  • Property Type
    Office, Office area
  • Address
    (Mitte)
    10119 Berlin
  • Etagen im Haus
    5
  • Living area approx:
    297 m²
  • Office space approx
    242.41 m²
  • Total space approx
    297 m²
  • office part space approx
    55.12 m²
  • Renatble area ca.
    297 m²
  • Zimmer gesamt
    10
  • Heating type
    Single-storey heating system
  • Primary energy supplier
    Gas
  • Year of construction
    1900
  • Last modernization
    2000
  • Condition
    Well maintained
  • Maintenance fees
    759 EUR
  • Buyer's commission
    7,14% Käufer Provision inkl. MwSt vom notariell Ka vom notariell beurkundeten Kaufpreis, verdient und fällig mit Beurkundung des notariellen Kaufvertrages
  • Flat rate rental
    64,256.00 EUR
  • Buyprice per m²
    6,565.66 EUR
  • Net return
    3.29 %
  • Purchase price
    1,950,000 EUR

Features

  • ✓ Cellar

Energy certificate

  • Energy certificate type
    Bedarfs­ausweis
  • Date of issue
    16.10.2020
  • Valid until
    10-2030
  • Year of construction
    1900
  • Primary energy source
    Gas
  • Energy demand
    118.00 kWh/(m²·a)
  • Hot water included
    yes
  • Energy efficiency class
    D
0 25 50 75 100 125 150 175 200 225 250+ H G F E D C B A A+ H G F E D C B A A+ Final energy demand 118.00 kWh/(m²·a)

Property description

Description

The classic building from around 1900 is part of a well-kept residential complex. It includes a front house (Vorderhaus), a side wing (Seitenflügel), a back house (Hinterhaus), and a courtyard building (Remise), each with a green, tidy courtyard.

The whole building has 28 apartments and 2 commercial units, spread over 5 floors.

The building was renovated in 2000 and later. Key upgrades include:

New roof with attic extension
New plastic windows
New gas central heating with hot water
All water and drain pipes renewed
New electric lines up to each apartment
Staircases renewed
Courtyard redesigned
The Remise is located behind the back house. It includes a main part with ground floor and 1st floor (approx. 242.41 sqm, with basement), and a side wing with only ground floor (approx. 55.12 sqm).

This unit also has special use of the outdoor area in front of the entrance.

It is currently rented to a Waldorf kindergarten. The rental contract ends on 31.08.2027.

Current net rent: approx. €64,260.00 per year.
From 2027: €25 per sqm = €89,100.00 net rent per year.

Operating and heating costs are paid separately by the tenant.

Features

  • Top location
  • Rented until 2027 – new rental contract until 2037
  • From 2027: €89,100.00 net cold rent per year
  • Remise (ground floor + 1st floor): 242 sqm
  • Remise (side wing): 55.12 sqm
  • Inner courtyard
  • 3.29% yield – 4.57% yield from 2027

Location

Berlin, a city of diverse centres, presents the closest thing to a classic city centre in the Mitte district. Zionskirchstraße, located by the picturesque Zionskirche church, is a prime example of urban life in this dynamic district.

Nestled between the charming Kollwitz neighbourhood and the vibrant Rosenthaler Platz, Zionskirchstraße offers a quiet yet lively atmosphere. It is surrounded by an abundance of cafés, bars, restaurants and shopping facilities, such as in Kastanienallee, which emphasise the unique character of the district. Cultural highlights and places steeped in history are omnipresent in this neighbourhood. Relaxation can be found in the nearby parks, such as Volkspark am Weinberg and Zionskirchplatz, which are green oases of peace in the midst of the urban hustle and bustle.

The public transport connections are excellent. The underground stations Rosenthaler Platz (U8) and Bernauer Straße (U8), as well as several tram lines, including the M1 and 12, offer quick and convenient access to other parts of Berlin.

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