Apartment Block Property for sale Potsdam-Babelsberg, Berlin.
Comprising of 11 apartments and 8 commercial units. Tenanted making
this and ideal investment. Originally built in 1922 these two buildings
have a total floor area for both at 1774m2. The plot size is 1931m2
affording a car parking area to the rear of the property. Net rental
income exceeds 105,000 euros per year offering a yield of approx. 6.1%.
Potsdam Babelsberg shares a direct
border to the south west of Berlin. Babelsberg is well known as a European film
and media centre with the Babelsberg Studios, the oldest large-scale film studio
in the world. Additionally its fame includes the many parks and castles which
are a part of the UNESCO World Heritage Site. There are also parts of the
University of Potsdam in Babelsberg.
In short, Babelsberg is one of the
most prestigious addresses in Germany and a much sought after residential area