We have available over forty apartments with vacant possession in this apartment house currently under refurbishment. The apartments range in size between 17 - 106m2 over five floors.
The apartments are to be completely modernised to include new bathrooms, flooring, services, central heating and the preparation for a new kitchen (not fitted). A large number of the apartments have balconies.
The property dates back to 1910 and will be refurbished through 2008/2009 including the building facade and communal areas. The internal photographs indicate typical interiors from a previous development by the same team.
For investors wishing to purchase the potential yield from a tenanted apartment should exceed 5%.
The location is well served with public transport options and the nearest underground station (Pankstrasse) is only 400 metres.
These apartments represent excellent investment properties in an area of Berlin which continues to attract interest. for more information please contact heather.chesham@frontlineberlin.com
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