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Prinzregentenstr., Berlin

EUR 360,000

A COMMERCIAL UNIT IN WILMERSDORF WITH A 8.8% YIELD

This modern commercial unit was built in 1971 and offers 224 m2 occupied on a rental contract through to July 2011. The current tenant could well extend beyond this date as they have been contracted since 2001.

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Prinzregentenstr.

Wilmersdorf, Berlin, Germany

Status	Available
Price From	360,000 EUR

About the Development

A COMMERCIAL UNIT IN WILMERSDORF WITH A 8.8% YIELD

This modern commercial unit was built in 1971 and offers 224 m² occupied on a rental contract through to July 2011. The current tenant could well extend beyond this date as they have been contracted since 2001.

City: Berlin
Area: Wilmersdorf
Street: Prinzregentenstr.
Tenanted: yes
Yield: 8.8 %
Type: Commercial
Size: 224 m²
Price from: 360,000 €

The property comprises of 208 m² shop floor area and a storeroom (16 m²) as well as 5 parking spaces. The rental income is over 30,000 Euros annually giving a 7.2% yield.

The ground floor, commercial unit is located centrally in Wilmersdorf, Berlin approx. 1 km from the famous Ku’Damm. Importantly we are able to offer a 50% mortgage (subject to status) on this commercial unit.