| Price:€67,000 £ $ |
Agent Information |
| Condition: |
Ready for occupation |
 |
| Property Type: |
Apartment |
| Bedrooms: |
1 |
| Bathrooms: |
1 |
| Receptions: |
1 |
| Status: |
Deleted |
Berlin Real Estate Centre are marketing this apartment for sale in Germany
The property is situated in the popular borough of Kreuzberg-Friedrichshain nearby to the recreation park Hasenheide.
The quarters of Bergmann and Graefe form the surrounding neighbourhood of Kreuzbergs is one of the more pleasant urban locations to live and work in Berlin.
The local area is well provided for with many cinemas, theatr ... morees, restaurants, galleries and libraries. This is backed with excellant local shopping centres, and recreational and sport facilities as well as schools and Kindergartens.
Due to the fast industrial growth Kreuzberg has developed into one of the most densely populated central districts of Berlin.
Public transport (buses and Underground stations) are close by. With easy access to the motorway network (Grenzallee).
The property Urbanstraße 109 was built in 1956 on a 545m² lot as a full basement.
With 15 residential up-to-date outfitted and modernly equipped flats the apartment is oil-fired centrally heated. In addition the building is heat insulated. Most of apartments have an opening balcony.
The architecture of the building, the design of the interiors of the flats alongside the the well maintained gardens are typical of an apartment built in the 1950s.
This property has been maintained to very high standards. As part of an on-going maintance strategy the entire outside facade was renewed and heat insulated in 1994, the yard and gate facilities in 1999 and the gardens in 2003. More recently the balcony’s were reconstructed and renewed in 2005/2006.
In the courtyard, three additional car parks have been built, providing additional rental income.
The apartments come with a service package from the current owners, who are also the management company who will look after your property after purchase. This service package includes: Letting management, property management including a financially adequate sinking fund for maintenance, a resale service for your exit strategy and an extendable three year rental income guarantee of EUR 6 per square meter. So it is very much a hands-off investment property.
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