Two offices, Berlin, Germany

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Two offices, Berlin, Germany

585,000 €
3,482 € /m²
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  • Total area
    168 m²
  • Yield
    3.0%
Details
Tenants
  • No tenants
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Two commercial units in the buildings under renovation.

Description

The area of the first office is 81.8 m².

The second office consists of 3 rooms and has an area of 86.5 m².

The reconstruction of the buildings will end in 2018.

The units are vacant and may be used as:

  • holiday home/commercial housing
  • gastro concepts (but no restaurant)
  • gallery/exhibition
  • (co)working space
  • office
  • practice (medicine)
  • retail units

Financial performance

The projected yield of 3–5%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.0%.

The brokerage fee is 5.95%.

Location and nearby infrastructure

The property is located it the Moabit-Tiergarten district. The bus stop, a supermarket and a bakery are situated not far from the buildings.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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