Indefinitely leased commercial premises with 4.5% yield in the 18th district with high quality of life in the heart of the district

The commercial space is located in a highly visible position on Gersthofer Street, a popular business and residential street in the heart of Währing. The surroundings are characterized by a lively mix of local suppliers, gastronomy, retail and service businesses, ensuring a constant flow of people. Public transport is excellent: tram lines 9 and 40, the Gersthof S-Bahn station and several bus lines are in close proximity. The pleasant, family-oriented district is characterized by high living quality and strong purchasing power.

• tenanted on a fixed term until 14.06.2031
• attractive purchase price for future appreciation
• regular income immediately after purchase
• current net main rent : EUR 990,00 / month
• current gross initial yield 4,50%
• value retention of the property
• Indexed rent adjustment
• tax advantages
• perspective for owner-occupancy or profitable resale

Costs / Fees

For the sake of good order we note that, unless otherwise stated in the offer, in the event of a successful closing a commission is payable that corresponds to the rates fixed in the Real Estate Agent Regulation BGBI. 262 and 297/1996 – that is 3 % of the purchase price plus 20 % VAT. This commission obligation also applies if you pass on the information entrusted to you to third parties. Finally, we point out that we act as dual agents and there is a familial/economic close relationship between the 3SI Makler GmbH and the seller.

The drafting of the contract and the escrow handling is bound to the law firm Mag. Schreiber A-1010 Vienna, Schottenring 16. The costs amount to 1,5 % of the purchase price zzgl. 20 % VAT as well as cash outlays and authentication. In case of external financing the fee increases to 1,8 % of the purchase price plus 20 % VAT, cash outlays and authentication.

We would like to point out that there is a familial or economic close relationship between the intermediary and the third party to be mediated.

The intermediary acts as a dual agent.

Infrastructure / Distances

Health

Doctor <175m

Pharmacy <425m

Clinic <725m

Hospital <1.650m

Children & Schools

School <200m

Kindergarten <100m

University <775m

Higher School <925m

Amenities

Supermarket <75m

Bakery <275m

Shopping Center <2.225m

Other

ATM <250m

Bank <600m

Post Office <600m

Police <725m

Traffic

Bus <100m

Subway <1.650m

Tram <100m

Station <950m

Highway access <3.100m

Distances as the crow flies / Source: OpenStreetMap