Investment Package – Ten Loft Apartments Lindauer Allee 11/15/17 – Ragazer Str. 4/6/43E/43C/43F in 13407 Berlin - Reinickendorf

Investment Package – Ten Loft Apartments Lindauer Allee 11/15/17 – Ragazer Str. 4/6/43e/43c/43f in 13407 Berlin - Reinickendorf

REF NO: BB352 Year Built: 1994/1995 Prices per m2: 3,101.49€ Status: Tenanted Annual rent current : 30,059.40€ Residential Area: 547.93m² (10units) Annual rent target: 57,658.08€ Type: Block of Apartments Yield current: 2.01% Price: 1,699,881.51€ Yield target: 3.39%

Commission: In case of purchase of property the buyer pays once 6% commission of the purchase price plus VAT. This exposé is confidential and for the addressee only. Any transfer is prohibited. In case of transfer and purchase the addressee is liable for payment of commission. All information is based on statements of the owner and is provided in good faith and believed to be correct. Information provided is intended for indicative purposes and does not form part of a contract. Buy Berlin cannot accept responsibility for any losses arising from information, errors or omissions provided in this exposé

Buy Berlin ∙ Bundesallee 28 ∙ 10717 ∙ Berlin Tel +49(0)30 6483 8996 – +44(0)20 8133 2632 Email – [email protected] www.buyberlin.co.uk Lindauer Allee 11/15/17 – Ragazer Str. 4/6/43e/43c/43f in 13407 Berlin - Reinickendorf

LOCATION Located in the green north-west of Berlin, the Reinickendorf district offers both idyllic rural and urban flair with excellent infrastructure. The property is located in the southern part of the district, adjacent to the districts Wedding and Pankow, directly on the U8 underground line.

Despite the quiet location there are in close proximity schools, authorities, day-care centers, doctors and many shopping opportunities. The area is surrounded by sports centers. Also the newly renovated Paracelsus bath is in the immediate vicinity.

With the Tegeler See and the Tegeler Forst, the district has large water areas and green spaces, which occupy more than a quarter of the district area - an absolute record in Berlin.

Thanks to the 23 buses, three S-Bahn lines and two subway lines as well as the Stadtautobahn A 111 the paths in Reinickendorf are short, in a few minutes you can easily reach the inner city of Berlin.

OBJECT AND BASIC DETAILS This property offer includes 10 penthouse apartments in a residential complex from the 1920s. The units were built in 1994 and 1995 in the attic of the residential complex built in 1927. This apartment package includes seven rented and three vacant residences. Another apartment will be available at the end of August. The rental of the three empty units and the becoming vacant unit was calculated at 11.00 € / m² net rent and is in the target rent already indicated. Further rent increases are also offered by the already rented apartments according to the current rent levels. This can be increased to an average rent of 8.18 € / m² (according to average rent) in this year.

The objects are around 55 m² and all have a small roof terrace with several accesses depending on the apartment. Overall, the vacant apartments are renovated and the rented apartments are well-tended and constantly maintained. The floors in the rooms are laminated and the walls / ceilings are wallpapered and whitewashed. All bathrooms are modern and fully tiled. The built-in kitchens are well maintained and come fully equipped. All electrical appliances in the kitchens are fully functional. All apartments are well laid out and are very bright with lots of light. All apartments have their own lockable storage room available and tenants have access to a large, green and beautifully landscaped garden with children’s play area

Lindauer Allee 17

Lindauer Allee 17 - Floor plan Type: Attic

Ragazer Str. 4

Ragazer Str. 4 - Floor plan Type: Attic

Ragazer Str. 43

Ragater Str. 43 - Floor plan Type: Attic

Buy Berlin ∙ Bundesallee 28 ∙ 10717 ∙ Berlin Tel +49(0)30 6483 8996 – +44(0)20 8133 2632 Email – [email protected] www.buyberlin.co.uk Buy Berlin ∙ Bundesallee 28 ∙ 10717 ∙ Berlin Tel +49(0)30 6483 8996 – +44(0)20 8133 2632 Email – [email protected] www.buyberlin.co.uk