Pankow, Pankow, Berlin, Germany
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Overview
Overall Floor Area: 234 Sq. Metres (2,519 Sq. Feet)
Property Description:
INVESTMENT PACKAGE - PRENZLAUER BERGWe have five tenanted apartments in a superb location in the heart of Prenzlauer Berg. Situated close to the famous Kollwitz Platz with its excellent and popular weekend market, the apartments are close to the shopping areas of Schoenhauser Allee as well as all of the local amenities and attractions of Prenzlauer Berg. The properties are close to the underground rail network with the nearest station (Eberswalder Strasse) only 300 metres away.
The tenanted apartments comprise of two, one bedroom units, and three studios in a range of sizes between 37 - 61m2. Total floor area is 234m2 which is available at a very attractive average cost/m2 of approx 1900e. The annual rental income exceeds 14,000e which equates to a net yield of 3.21%. The apartment house was renovated in 2000.
This is a tremendous investment package due of course to that old adage...cation, location, location !!
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Finance
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