Description

The offer is truly special. Such a versatile space, in such a beautiful old building, at such a good price? And in such a fabulous location, right in the heart of Berlin’s beloved Prenzlauer Berg? You have to see it to believe it. The offer consists of two top-floor units (approx. 165 m² + 126 m²), the smaller of which is rented out. However, this is a commercial lease, so it can be terminated promptly. If desired, the current tenant would be interested in continuing the contract. The current rental income amounts to around €1,900 per month. As a result, the rental income could be used for financing. Or, it’s possible to merge the two units and create a generous 290 m² Berlin-style living environment. As you can see from the photos in the exposé, the fixtures and fittings on both sides are neat and in good condition. Nevertheless, anyone investing on this scale will want to make use of the available space for a redesign. There are plenty of possibilities, from functional to playful. Based on the purchase price of around €8,000/m² and conversion/renovation costs of a lavish €1,000/m², this would still mean a total price of well under €10,000/m² - mind you, in one of the most prominent locations in the city, at the south-western gateway to Kollwitzstrasse, with a view of the square. To the east, you look out over the green courtyards along Metzer Strasse. Built in 1874, the building - like the neighboring building at number 10 - is part of the historically protected Senefelderplatz ensemble. The building itself does not have an elevator. However, the top-floor apartment is connected to the elevator in the neighbouring building, and is thus easily accessible via this elevator. All in all, this is a rare offer, in terms of location, view, design options, amount of space, and price. Of course, not every prospective buyer will be able to afford it, but those who can should definitely take a closer look. Come enjoy the view of the city from this wonderful top floor dwelling. It’s well worth it.