Berlin - Spandau: Apartment Building for Renovation in Berlin-Spandau – Investment Opportunity

yes

7.14% incl. VAT

Basic

1.060 sq. m.

1.950 sq. m.

4

7

Full cellar

In need of renovation

One storey heating

Gas

A hidden gem for property developers – an investment opportunity in Berlin-Spandau!

This charming period apartment building in the heart of Berlin-Spandau offers an opportunity to restore a property in need of renovation. With 35 residential units and an attractive location, it is suited to property developers looking to enhance its potential through targeted renovation and remodelling.

Property details:

- Location: 13581 Berlin-Spandau
- Residential units: 35; approximately 5 apartments are currently let.
- Apartment layouts: predominantly 1 to 2 rooms; some apartments have already been subdivided into additional rooms.
- Attic: approximately 450 m² with potential for conversion.
- Basement: the building has a basement providing additional storage space.
- Heating: individual gas heating; gas boilers are currently installed only in the let apartments.
- Condition: renovation required, offering scope for individual refurbishment concepts.
- Lift: there is no lift in the building.

The property offers scope for comprehensive renovation and potential additional living space through an attic conversion. Any conversion is subject to the necessary planning and building approvals. Its Berlin-Spandau location makes it an interesting opportunity for investors and developers seeking a refurbishment project.

The surrounding area combines residential and commercial uses, with established infrastructure and a range of local facilities and services.

Nearby shopping options include supermarkets, specialist shops and smaller retailers catering to everyday needs. Restaurants, cafés and takeaway outlets add to the local amenities.

Several bus routes connect the area with other parts of Berlin, and S-Bahn services are also within relatively easy reach, providing access to the city centre and other districts.

An energy performance certificate is not currently available.

The buyer is obliged to pay us a commission of 7.14% of the purchase price, including VAT, for the identification and/or brokerage of the property. The commission is earned and due upon the legally effective conclusion of the purchase agreement and must be paid within seven days. The commission also applies to any accessories sold with the property.

Our General Terms and Conditions apply.