Superbly renovated apartment building in Ludwigsfelde with potential for expansion

This apartment building, boasting a sturdy construction and a full basement, occupies a 3,664-sqm plot and underwent comprehensive renovation in 2015. The property spans four floors and houses a total of 21 apartments, each equipped with a separate cellar compartment, a balcony, and its own designated parking space.

Furthermore, there is a development reserve in place, with verbal approval already secured from the building authorities and a positive preliminary building permit expected imminently. The extension reserve encompasses an additional 510 sqm of space in a new top floor, plus 635 sqm for a future extension.

Nestled south of Berlin in Ludwigsfelde, within the district of Teltow-Fläming in Brandenburg, this exquisite apartment block is situated in a tranquil and picturesque neighbourhood. The town of Ludwigsfelde boasts a well-established infrastructure and numerous amenities.

Price: EUR 3,500,000, plus 7.14% commission (incl. VAT)

Lettable space: approx. 1,540 sqm

Net annual rent (current): approx. EUR 137,076

Information acc. to energy performance certificate: energy consumption 60 kWh/(m²a), energy efficiency class B, high calorific gas, built in 1968

(Please quote property reference number 53123 when making your enquiry)