Werner 1
Residential and commercial building on Wannsee lake
14109 Berlin Wannsee
A PROJECT OF THE BEST PLACE LIVING
1 Unit
1342 m²
6.120.000 €
Commission free
1908
Construction year

Werner 1

Residential and commercial building on Wannsee lake
TOP investment: With Werner1 we offer you a beautiful residential and commercial building built in 1908 as an asset deal. Ten apartments and one commercial unit are fully rented, the second commercial unit is vacant. Both Wannsee and Düppeler Forst are just a few meters away and there is a direct local transport connection to the city. Werner1 is a unique investment opportunity.
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Highlights

  • Exquisite residential and commercial building from 1908
  • Asset Deal
  • Sale directly from the owner
  • 10 residential rented units
  • One rented commercial unit
  • One ready-for-occupancy commercial unit (fitted-out as practice space)
  • Excellent location near Wannsee
  • Purchase price: €6.12 million
  • Actual yield: 3.1%
  • Target yield: 3.1%

Construction progress

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Floor plans

The object

Werner 1 is a beautiful Wilhelminian-style corner house built in 1908. With its romantic bay windows and ornate stucco ornamentation, it catches the eye, even from a distance. The first floor accommodates two commercial units, the smaller of which measures approx. 38 sqm and is used as a bank branch. The second commercial unit, measuring approx. 363 sqm, is vacant and has been converted into a practice area. The upper three floors, from the 1st floor to the attic, houses ten residential units, all of which are rented. The apartments have practical floor plans ranging from approx. 44 to 194 sqm, ensuring their long-term rentability. Werner 1 has nine parking spaces, which are also rented. The property generates a monthly net rent of around €191,000, of which around €102,000 is accounted for by the apartments.
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The location

Nestled between two lakes, Kleiner Wannsee and Großer Wannsee, and Düppeler Forest, Werner 1 could hardly enjoy a better location. Moments from the water on foot, water sports clubs and Großer Wannsee marina are also both within easy reach. Düppeler Forest and Pfaueninsel (Peacock Island), which are also close by, provide the perfect setting for woodland walks and hikes. The amenities around Werner 1 are also first-class: a supermarket and bakery across the street and restaurants, a café and a beer garden all within easy walking distance. By bike, it is only a few minutes across Wannsee Bridge to Ronnebypromenade and the Großer Wannsee ferry jetty. This is also where you will find Wannsee train station, which is served by both regional and suburban trains, including a direct connection to Berlin-Mitte and Friedrichstraße on the S1 line.
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  • 5 mins. on foot to Kleiner Wannsee lake
  • 10 mins. on foot to Großer Wannsee lake
  • 10 mins. on foot to Düppeler Forest
  • 40 mins. by public transport to Friedrichstraße
  • Shops, restaurants, schools and daycare in the immediate area