Complex Spreehöfe, Kopenick, Berlin/Brandenburg, Germany

Type	Villa
Offer Status	For Sale
Estate Agent	Locations

From

EUR 9,000,000

£ 8,201,790*

US$ 12,290,272*

Description

Commercial Building Complex Spreehöfe

Edisonstrasse 63/Wilhelminenhofstasse 87

12459 Berlin Köpenick

Build Year: 1897/1900

Total Area: 16,250 sqm

Rental Income Actual: €407,775

Rental Income Potential: €1,260,987

Purchase Price: €9,000,000

Yield Actual: 4.5%

Yield Potential: 9.2%

Former old factory building with development potential. Listed Building. Located in the district

Obersch¨neweide on the water side with landing platform. The property was extensively modernised in

1994/95 and features oil fired heating and lifts. 1996 projection of hotel integration in the Spree-Wing. Costs

for completion of the building are approximately €4,700,000.

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