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Tempelhofer Damm, Berlin

EUR 2,117,500

This mixed residential/ commercial property is located in Berlin-Tempelhof. The building is close to the underground rail station and has excellent public transport as well as a nearby junction to the Berlin ring road. There are many local shops and restaurants together with other, comprehensive local amenities.

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Tempelhofer Damm

Tempelhof, Berlin, Germany

Status	Available
Price From	2,117,500 EUR

About the Development

City: Berlin
Area: Tempelhof
Street: Tempelhofer Damm
Tenanted: yes
Yield: 6.1 %
Type: Apartment Block
Size: 1254,84 m²
Price From: 2,117,500 €

There is even IKEA!! The location is nearby to Tempelhof Airport, the smallest of Berlins airports, which is due to close after the opening of the new international airport.

The four-storey property has 8 residential and 5 commercial units on a plot size of 1015m². The floor areas are residential (829m²) and commercial (426m²) with a total floor area of 1255m². The residential units vary in size between 58 and 250m². In addition there are 6 parking places. The net rental income is approx 130,000 € p.a. giving a yield of 6.1%. This property is in very good order and represents an excellent investment.