Teltow, Berlin Area, --- Retail / Residential Investment ---, (Yield: 6.2%), [Ref. 225],

Features

• Type: Retail / Residential Investment 
• Ref: 225GEOH07 
• Location: Teltow, Berlin Area 
• Area: Total Area: 5,980 sqm (64,369 sq ft)Rented Area: 1,897 sqm (20,419 sq ft) 
• Annual Rent: EUR 271,823 
• Gross Yield: 6.3% 
• Price: EUR 4,350,000 

Description

This property was built in 1997/98 and offers an excellent retail / residential mix. The anchor tenant is a major German food retailer and a number of smaller retailers. The upper floors comprise 11 well appointed apartments, each with balcony. The food retail lease is for 15 years until 30.11.2013.

Teltow (pop. 20,314) is situated directly south of Berlin and is linked to the capital by train and bus. Berlin (pop. 3.4 million) is the capital of Germany and the second largest city in the EU. Since reunification it has become a vibrant, culturally diverse capital city as well as an important economic, cultural educational and tourist centre.

Insight Property Ltd. specialise in the sourcing and marketing of high-quality investment property opportunities. Please do not hesitate to contact us in case you should have any questions or queries on this property or if you would like to obtain knowledgeable, reliable assistance with investing in the German property market.

(c) 2007 Insight Property Ltd.
While every effort has been made to ensure the accuracy of the data provided, neither Insight Property Ltd nor its agents or representatives will be responsible for any loss or damage on the part of users however caused.

Quick link to this property www.propertynews.com/jzj9