Investment property (long-term lease agreement), very well maintained.

This apartment is currently rented out on a long-term basis, making it suitable for investors.

In the year 2000, extensive renovations were carried out, and the residential complex was converted into several owner-occupied associations:

- Facade renovation with insulation and a new coat of paint
- Redesign of stairwells and entrance areas
- Illuminated doorbell panel with door opener
- Intercom system and video camera, as well as new mailboxes
- Replacement of water supply and drainage pipes
- Relaying of electrical main cables and centralization of meters
- New entrance doors for the residential building (soundproof and burglar-resistant)
- Renewal of all utility lines
- Installation of a central water supply system
- Installation of new double-glazed windows

All apartments have a balcony or terrace facing south or west. In the case of ground-floor apartments, the balconies were mostly replaced with terraces, each of which has a small garden. The planted slope creates a seamless transition to the park.

The residential complex was built between 1957 and 1959 as part of a social housing project. The existing daycare centers and the elementary school are particularly important for young families. Children don't even have to cross the street to get to school.

Between August 2021 and December 2022 alone, existing apartments experienced a 19.20% increase in value.

- 10-minute walk to Tegel Lake
- High recreational and leisure value
- Park-like, spacious development
- Top-maintained residential and green areas
- Modernized
- 75% owner-occupied, 25% rented out
- Excellent transport links
- Family-friendly environment with several nearby daycare centers, playgrounds, and an elementary school
- Numerous shops within easy reach
- Very good economic development
- Tegel Airport is being transformed into an industrial and research park called "Urban Tech Republic"
- Construction of the Siemens High Tech Campus
- Dynamic economic region with 8,700 businesses
- 20,000 new jobs in the coming years
- Public investment of approximately 870 million euros.