CAPITAL INVESTMENT Apartment with 2 units 4.9% yield

The apartment is located on the 2nd floor of an urban villa at Vennhauser Allee 42.
The former villa was originally built in 1908 and underwent structural changes after the war.
the war and later partial modernization.
In the property, which has a complete basement, there are apartments on the first floor and
100 m² on the ground floor and second floor and an attic of
87m².
The use of the garden was allocated to the apartment on the first floor as a special right of use.
as a special right of use.
For the apartments on the upper and top floors, an option was included in the division
that a balcony to the garden may be added. The balcony extension is
currently being applied for.
The apartment on the top floor was converted for residential purposes and later
partially modernized. A living space of 87.31 square meters has been created here, which can be used as either 2
units, as there are separate apartment entrance doors.
The attic is allocated to the unit in the declaration of division and can be converted
be developed by the owner. Another 30-35 sqm of living space can be created here.
can be achieved.

Interior fittings:
- Windows: Plastic windows with insulating glazing
- Doors: Wooden doors with wooden frames
- Flooring: Usage areas covered with laminate, bathroom with tiles
- Heating: Central heating with radiators and thermostatic valves.
Radiator panels
- Electrics with safety box and FI switch
- Hot water: Electric instantaneous water heater.
- Wall surfaces: Plastered, wallpapered with woodchip and painted
- Bathrooms: white tiled
- 2 cellar rooms belong to the apartment

Common property:
- Insulation garage ceiling
- new entrance door with security lock
- after completion of the renovation work in the apartments, the staircase will be
renovated

communal use:
- Garage for bicycle storage
- Laundry room