Multi Family House With Planning Permission For Seniors Co Housing, Teltow

This well-maintained residential and commercial building is located in Teltow and comprises approximately 554 m² of total rental space situated on a plot of approximately 2,068 m².

The existing building encompasses four residential units with approximately 259 m² of living space and two commercial units with approximately 295 m² of usable space. All units are fully let. The apartments feature parquet flooring and baths with tub and shower options. The building was last modernised in 2022, is heated via gas central heating and benefits from 15 exterior parking spaces.

The current net cold rent totals approximately 5,889 € monthly or 70,668 € annually. The apportionable operating costs currently amount to approximately 22,888 € per year.

Additionally, the rear portion of the plot offers development potential: planning permission has already been granted for the construction of a seniors co-housing facility. The permission covers approximately 345 m² of living space and approximately 260 m² of usable space, totalling around 605 m².

ConVida, a company specialising in senior care, is designated as the operator and already leases the commercial space in the existing building. For the new construction, a preliminary rental agreement exists stipulating an annual net cold rent of approximately 120,000 €.

Following completion of the new building, the projected total rental income is estimated at approximately 190,668 € net cold per year (existing building current rent: 70,668 € plus new construction according to preliminary agreement: 120,000 €).

The combination of a fully let existing building, approved development potential and an already bound operator makes this property particularly attractive for investors, property holders and project developers.

The property is located in Teltow, a sought-after town in the south-western Berlin metropolitan area, directly on the border with Berlin. The location combines a quiet, established environment with excellent accessibility to the metropolis and offers attractive conditions for both residential use and care or senior living concepts.

Teltow is part of the Potsdam-Mittelmark district and particularly benefits from its immediate proximity to Berlin and the state capital Potsdam. Potsdam is approximately twelve kilometres away, whilst the Berlin district of Steglitz-Zehlendorf borders the town directly. The federal road B101 and motorways A10 and A115 provide good connections towards Berlin, Potsdam and the surrounding area.

Connections to public transport are also well developed. Via Teltow Stadt S-Bahn station, there is access to the Berlin S-Bahn network. The S-Bahn lines S25 and S26 connect Teltow directly with important Berlin transport hubs and city centre locations. The town highlights that Berlin’s city centre is reachable by S-Bahn in approximately 25 minutes. Additionally, various bus lines provide connections within Teltow and to Kleinmachnow, Stahnsdorf and neighbouring municipalities.

The area surrounding the property is predominantly characterised by a quiet atmosphere and offers a pleasant mix of residential use, smaller commercial structures and green spaces. The immediate vicinity features restaurants, services and other day-to-day amenities. The proximity to Berlin and Potsdam also ensures that additional shopping, leisure and supply options are quickly accessible.

For the planned senior living project, the location is particularly attractive as it combines good accessibility with a comparatively quiet environment. For residents, relatives, care staff and visitors, this combination of proximity to the major city and a less densely developed area represents a significant locational advantage.

Moreover, Teltow, as part of Berlin’s commuter belt, benefits from the economic dynamism of the capital region. Proximity to Berlin, Potsdam and other economic centres makes the location attractive for both employees and investors. Simultaneously, the town maintains its own infrastructure and remains well connected in terms of transport.

Overall, the location is characterised by a balanced combination of good regional accessibility, proximity to Berlin and Potsdam, a quiet environment and solid infrastructure. For an existing residential property with additional development potential in the senior living sector, the site thus offers very attractive conditions.