Two office buildings, Berlin, Germany

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Two office buildings, Berlin, Germany

10,500,000 €
2,333 € /m²
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  • Total area
    4,500 m²
  • Yield
    5.3%
  • Built in 
    1972
Details
Property parameters
  • Number of parking lots: 56
Financial performance
  • Annual income: 560,000 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Description

Two office buildings with a total area of 4,500 m²:

  • The first building was constructed in 1972 and partly renovated in 2000.
  • The second building was constructed in 1990.

On the ground floor — small srorerooms.

There is a parking for 29 cars and an underground garage for 27 cars.

Financial performance

The annual income is 560,000 €.

The yield is 5.3%.

Tenants

The property is fully let.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

Brokerage fee is 6% + VAT 19% (total 7.14%).

Location and nearby infrastructure

The property is located in the Tempelhof-Schöneberg district. Distance to the city center is less than 10 km. The nearest metro station (U-Bahn) is 700 meters from the building.

Berlin is the capital of Germany with the population more than 3.9 million people.

Within EU Berlin is one of the cities with the highest business activity. About 80% of companies in Berlin work in the services sector. The city is home to large corporations such as Siemens, Volkswagen, Pfizer and SAP.

Today Berlin is a world cultural center and one of the most visited cities on the continent. The annual number of tourists exceeds 30 million people.

Berlin-Brandenburg Airport serves over 20 million passengers annually.

More properties

If this ad doesn't suit you, have a look at the other office buildings for sale in Tempelhof-Schöneberg.

All ads in the country: office buildings for sale in Germany.

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