Description

This superb apartment house in Charlottenburg dates back to 1896 but was restored in 1985 resulting in this beautiful stucco façade. The property comprises of 11 residential (647m2) and 1 commercial unit (45m2) over five floors on a plot size of 235m2. Four of the residential units have balconies. All of the apartments have bathrooms and central heating. The roof was replaced in 1985 and the penthouse apartment expanded. The property has many period pieces and features as well as being well maintained and in excellent condition throughout.

The apartment house lies in the heart of Charlottenburg and is located only 100 metres from the nearest U-bahn station (Richard-Wagner-Platz) and less than 1km from Charlottenburg Palace – one of the finest and most beautiful historical palaces of Berlin. This popular and well established residential area has a tremendous range of shops, restaurants and cafes all within easy walking distance.

The apartment house generates in excess of Euro 52,500 rental income p.a. which results in a net yield of 5.2%. The purchase price is a very competitive Euro 1,462/m2.

Ref No: FBEI1251
Type: Apartment Block
Size: 692sqm
Area: Charlottenburg
City: Berlin
Yield: 5.2%
Tenanted: yes

Price from only Euro 1,012,000

PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.
 

Locations

www.locations.ie

Agent Contact Details

• 29 Wellington Quay
• Temple Bar
• Dublin 2
• Co. Dublin

• Tel: +353 (0) 1 677 11 88
• Fax: +353 (0) 1 677 11 98
• Email the Agent

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