Top-let office space with strong yields

Located in the heart of the venture capital and startup scene, this property has been consistently occupied during the past 7 years of my ownership. Previous tenants have included a venture capital fund and a global asset manager; it is currently leased to a venture-capital-backed company. The annual operating costs are currently €31,200, with a contractual increase to €32,400. This results in a rental yield of 5.73% based on the asking price.

The commercial space is situated in a modernized building constructed in 1900. It features two large rooms, a hallway, a kitchen, a shower room, a guest toilet, and several storage rooms. In addition to the street entrance, the property can also be accessed via a second entrance directly from the courtyard.

Located in close proximity to Kastanienallee, Volkspark am Weinbergsweg, Rosenthaler Platz, and Zionskirchplatz, this commercial space is situated in one of Berlin's most desirable residential and commercial areas.

This vibrant and popular neighborhood is characterized by its many stylish boutiques and numerous restaurants. At night, the hotspots like Kulturbrauerei and Rosenthaler Platz are well-attended, offering a diverse range of options for both local residents and tourists. You'll find clubs, cinemas, theaters, stand-up comedy venues, and much more. The excellent transport links and central location make it easy to reach all other districts. The parking situation immediately in front of the building appears surprisingly relaxed. The street where the commercial property is located is relatively quiet, which is beneficial for office, medical practice, or gallery use. At the same time, you can easily reach a variety of shops, cafes, and restaurants on foot in nearby Kastanienallee (5 minutes), Brunnenstraße (3 minutes), or around Rosenthaler Platz (8 minutes). A supermarket is also easily accessible. During breaks, you can find relaxation in the nearby Mauerpark (7 minutes) or the Volkspark am Weinbergsweg (2 minutes). It takes approximately eight minutes by bike to reach Alexanderplatz. This is an exceptional commercial property located in a sophisticated and livable neighborhood, in the heart of Berlin.