Long term let investment apartment centrally located

For sale is an indefinitely leased commercial premises in a central, well-frequented location in the 3rd district of Vienna. The property generates a stable, indefinite rental income and is therefore ideally suited for investors looking for a substantial, long-term secured income property.

The object is leased to a social market – an operator with a socially anchored business model and typically high site loyalty, which further underlines the predictability of the rental income.

Investment highlights

• Attractive initial net yield of around 4.93 % p.a. at an offer price of € 520.000,–
• Indefinite tenancy – no fixed term, therefore no automatic expiry risk
• Stable current annual net income of € 25.627,08
• Tenant from the social market segment – crisis-resistant, demand-stable business model with a societal supply mandate
• Generous sales area of approx. 313 m² – flexibly reusable for retail, local supply or similar business forms
• Central location in Wien-Erdberg with good public transport connections and high pedestrian frequency
• Value-stable asset class: leased commercial property with ongoing cash flow from day one of ownership

Tenant

The premises are used as a social market. Social markets offer low-income households everyday goods at reduced prices and are characterized in practice by high site loyalty and continuous customer frequency – a factor that contributes to the stability of the tenancy from an investor's perspective.

Income situation

The currently achieved annual net income is € 25.627,08. At an offer price of € 520.000,– this results in an initial net yield of around 4.93 % p.a. – an attractive ongoing return for an indefinitely leased retail property with a stable tenant structure.

Ideally suited for

• Private investors and family offices looking for a creditworthy income property
• Investors focused on indefinite leases and ongoing cash flow
• Portfolio diversification in the retail / local supply property segment

Take the opportunity to acquire a solid leased commercial property with an indefinite lease and a crisis-resistant tenant.

Inquiries:

Please note that due to our duty to provide proof to our principals we can only process inquiries that include your full details (name, address, telephone no. e - mail address). We also point out that we strictly operate in accordance with the FAGG guidelines in force since June 2014.

We inform you that we act as dual agents for this property. (§ 5 para. 3 MaklerG). We also point out an economic or personal close relationship to the seller.

Additional costs:

• 3,5% real estate transfer tax
• 1,1% land register entry
• 3,0 % brokerage commission plus 20% VAT
• Contract preparation by agreement

It should be noted that the data provided are based on information from the seller or third parties (e.g. authorities), so no guarantee can be given for the accuracy and completeness! Information in accordance with legal requirements:

Heating energy demand:94.49 kWh/(m²a)Class heating energy demand:C Overall energy efficiency factor:1.21 Class overall energy efficiency factor:C