PROFITABLE INVESTMENT IN TRENDY AREA

Wonderfully located, typical building in need of complete refurbishment on a calm side road in the midst of it all. Take advantage of momentary low prices in this up-and-coming trendy district where the expected rental income is high. Just seconds by foot to public transport to explore the rest of Berlin. Boundless possibilities for leisure, outdoor and aquatic sport as well as lots of bars , pubs, markets and stores for daily shopping only a few steps from the property.

Situated in a former borough in the southeast of Berlin, this area merged with Koepenick to form Treptow-Koepenick in 2001. The main centre of this area is the "2 Treptowers", built from 1995-1998, which was influenced by the Berlin architect Gerhard Spangenberg?s office tower. At 125 meters, it is one of Berlin?s tallest buildings. The historical brick building owned once by AEG has been integrated along with other new buildings along the banks of the Spree. This is where Allianz Insurance has located their Berlin headquarters. An offshore bank promenade with a "Water Curtain" by the Hamburg landscape architect Gustav Lange and the three 30 meter-high "Molecule Man" figures by the American artist Jonathan Borofsky make for an enticing stroll. Anchored in the Spree Park, the figures symbolize the neighboring districts of Kreuzberg and Friedrichshain.



GLANZSTRASSE
Germany, Berlin, Treptow-Koepenick

Commercial 1163m? to 1163m? ?438,536 to ?438,536


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 7.80%