Owning commercial property in Berlin: Large street-facing unit in popular location
Building
On the corner of Elsenstrasse and Puschkinallee in Alt-Treptow lies this multi-dwelling unit from 1996. The four-storey apartment complex divides into 78 apartments, many tenant-occupied. Served by 4 stairwells plus lifts, they are all handicap-accessible.
With their compact floor plans on 35 to 59 sqm, the apartments of 1 or 2 rooms are well-suited for lifelong independent living. Bathrooms come with tub or shower. Features include balconies, loggias, conservatories or patios.
As a subsidised housing estate, the MOBIL is a safe investment opportunity. The mixed community of tenants embraces the idea of a “small city within the city”.
At a Glance:
•Buy-to-let investments or owner-occupancy
•1 to 2 rooms
•about 35 to 59 sqm
•Bathrooms with tub or shower
•Balconies, loggias, conservatories or patios
•Handicap accessible
•Lifts
•Underground parking spots
•Energy performance: 132 kWh (Elsenstrasse 5 – 6) / 171 kWh (Puschkinallee 46, 46a)
Area
Alt-Treptow combines a leafy setting with easy access to the inner city. With old-growth sycamores just outside, it feels like a horticultural landmark. Takeaway shops, stores, pharmacies and doctors’ offices lie within walking distance. Nearby leisure amenities include a cinema and a mall on Elsenstrasse. Located just north is the River Spree. A great way to conclude a walk along the waterfront is to splurge on the culinary delights in the area.
The residential areas here in the leafy south-east of Berlin offer plenty of liveability within a landscape of woodlands and lakes. The borough is known for pastries, chocolates and beers produced locally, fresh Asian or Mediterranean cuisine and outdoor restaurants. Athletes will love the cycle trails along the shore of Müggelsee.
Everything seems within reach here. The nearest rapid-transit station, “Treptower Park,” is only 350 metres away and served by six rapid transit lines. Even the airport is close from here.
More details
Assets not owned by the company – avoiding conflict of interest
Property management services by a professional and experienced management company
Attractive properties with adequate returns from the first day
Assets recorded in the land register immediately after purchase
