Tenement in 1140 Vienna - leased for 10 years, with a current annual net rent income of €83,400.00 - a lucrative investment

An investment property with many possibilities!

This house with a usable area of approx. 690 m² is divided as follows:

• 11 residential units (in the categories A, B and C)
• commercial premises
• basement
• raw attic space
• garage

After various renovations, the residential units received the following upgrades:

• new kitchens,
• partly toilets (3-piece WC (existing) remained)
• new bathrooms
• heating: gas boilers (existing), infrared panels
• and other minor works

• new façade

This investment property is already leased under a general lease, commercially for the next 10 years, and therefore guarantees an annual net rental income of € 83.400,00. The rent is indexed annually.

For a later development of the house, see the attached data sheet which area can be expected after the expansion. Further information (such as a feasibility study by a renowned architect) we are happy to provide after you disclose your name and address.

Location and infrastructure:

The tenement is located in a central location in close proximity to shopping facilities (e.g., the Meiselmarkt), medical facilities, pharmacies and public transport. Kindergarten and schools are also quickly reachable. For recreation and leisure, the Forschneritschpark, the Schönbrunner Schlosspark and the Auer-Welsbach-Park are recommended. Very good infrastructure and public transport connections.

Public transport connections:

• Bus: 10A, 12A, N49
• Tram: 49
• Underground: U3 Station "Johnstraße", "Hütteldorfer Straße"
• Rail: S45 Station "Breitensee"

For further information about this property we would be happy to provide you personally on request at:

Mag. Christian Neissl

+43 (0)664 888 73 054

[email protected]

In the event of a successful mediation, we charge 3 % of the purchase price plus 20 % VAT as commission in the statutory amount. The above information about this property is provided with the care of a diligent real estate broker and is based on the information and data of the owner. Therefore we cannot guarantee the accuracy of the information.