7.1% yield 
Residential- / Retail Building in Altglienicke
Location: Located at a major intersection in Altglienicke, southeast
of Berlin, close to the Schönefeld airport (SXF).
Year of Completion: approx. 1900, renovation 2002
Property Size: 806 m²
Property Data: - 2 Dr. Practices
- 1 Flower Shop
- 2 Apartment Units
- 3 Parking Spaces
Floor Space: Practices: 196,04 m²
Shop: 101,85 m²
Apartments: 194,31 m²
Attic: 120 m², can be completed
Total: 492,2 m² (excluding attic)
Lease contracts for retail units 1-3 run at least until 2012, with the intent to
extend.
Purchase Price: €650.000
Gross Yield: approx. 7,1% |