Berlin-Wedding as a district within the borough of Mitte does not quite seem to fit in with the rest of the historic centre of Berlin with its showpiece boulevards like Unter den Linden or Friedrichstrasse. Rather, Wedding has retained its own character and benefits from the proximity of quarters that are either far more exclusive or have a high tourist footfall. While square-metre rents in the southern part of Mitte near the government district are well into the double-digit range, the rent performance in Wedding is still subdued. But here as elsewhere, the trend points upward because of growing demand for residential accommodation.
The district of Wedding attracts mainly people who appreciate its multi-cultural mix of residents and retailers. With the parklands of Humboldthain, Rehberge and Schillerpark, it also offers more green areas than the densely settled quarters downtown. On top of that, especially start-ups and young entrepreneurs are warming to the revitalised brownfield sites like the former AEG compound along Panke creek. It is home to the Humboldthain Technology Park, and integrated business and science hub. In the course of the past few decades, numerous companies and scientific institutions relocated here, including the Wedding campus of the University of Technology in Berlin and Fraunhofer Institute. As such, they help to position Berlin as a highly qualified competence centre with a bright future.
Bright New-Build Flats with Convenient Floor Plans
In the heart of this up-and-coming district lies the subject property on Exerzierstrasse, a quiet side street near the “Gesundbrunnen” railway station. The apartments in the three building sections have bespoke floor plans and range from 1 to 6 bedrooms and from around 50 to 196 square metres. All of the flats are handicap-accessible via a lift. Most flats feature either a conservatory or a balcony. The floor-length windows of the conservatory create a particularly bright and warm atmosphere. To meet modern home amenity requirements, the majority of flats either come with eat-in kitchens or else the kitchen and living-room areas are connected via double-panel doors. The kitchens, which are large enough to accommodate a dining nook, have their own windows or direct access to the balconies or conservatories, as the case may be. Tub-equipped bathrooms, many of them lit by natural light, satisfy the latest standards of living, and some flats have been expanded to include an extra guest WC.
All flats come with a dedicated basement storage room while also sharing a common basement area with parking options for bicycles and push chairs. The open-plan inner courtyard includes a number of car parking spots.
Berlin-Wedding will see a lot of development in the next few years. And the ground is laid for it. This is your chance to benefit from it and to secure your future with a condominium acquired as buy-to-let investment.