Verified listing
Share:

Light industrial and office site

Berlin, GermanyUnlock address

71%

€8.000.000

Industrial

#14607

Value-Add, Opportunistic

24 Feb 2024

Property Details

Broker

For sale

1,836 m²

Gross area

4,357 €/m²

1

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

We are pleased to offer you a development property in Berlin-Spandau. The 8,845 m² site is located in the immediate vicinity of the newly planned Siemensstadt Square development area. The Siemensstadt is one of the most exciting areas of the capital. In the future, a highly modern urban district will be created here on approx. 70 hectares. The property offers a unique investment and development opportunity in the immediate vicinity of this exceptional district development. According to initial information from the responsible building authority, we are assuming that there will be extensive densification as part of a new development of the property. The 8,845 m² property is currently developed with 1,836 m² of office and storage space. The property is divided into 1,193 m2 of hall space and 643 m2 of office space. Furthermore, a steel carport was built. The property is currently being sold as is. A temporary rent back of approx. 24 months is planned by the seller and will be negotiated separately.