PROPERTY FEATURES
Asking price
€ 179.000
Rent P.A.
€ 4.572
Size
37 m2
Yield
2.6 %
SOLD

Kniephofstraße 51 11, Berlin, Germany

Property Description

A one room apartment for sale of 37 m2 which is part of residential complex of 12 units which were designed and built by the architects Mebes & Emmerich. The apartment is rented with a long-term contract and a fixed income. The apartment is positioned on the ground floor and has a terrace and garden and has a good yield of 2.55%. The building also includes a park like inner courtyard. 


Investment information
Asking price: €179.000,-  
The apartment is currently rented. The yearly rental income is: € 4.572,-
Gross yield: 2,55%

Building
The building which was built in 1925 and is divided to 12 apartments in total, is located in a quiet area from which you can easily reach the many parks surrounding it. . In the front of the building, you will be able to find elegant balconies and wide windows that allow natural light to flood the entire space of the apartments. At the back of the building a dedicated spacious area for a bicycle spear.
A 5-minute walk away is the Feuerbachstrasse underground train station, which runs along the city and allows easy and quick access to all parts of Berlin. Within a few minute walk you can reach the bustling Schloßstraße where you can find a variety of shops with the best brands, cafes, super markets and no less than three impressive malls.

Area
The Steglitz-Zellendorf neighborhood is located in the southwestern part of Berlin and includes several sub-neighborhoods, the largest of which are Zellendorf, Steglitz and Dahlem. Here you can find the most spectacular and expensive villas in Berlin and the best schools in the country. The area is known for its affluent population and beautiful landscapes – green parks, clear lakes, forests and nature reserves. The atmosphere here is calm and pleasant, the streets are quiet and the life quality is high. The famous Schlossstraße shopping street, which was completely renovated in 2002, offers the residents of the neighborhood 200,000 square meters of shops of all kinds, a variety of restaurants and cafes, cinemas and cultural centers.
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