Concrete gold, attractive 4% yield! Permanently rented commercial premises of an elegant new building at Kutschkermarkt

Project description

The property is a well-maintained corner house from the year 1990 with a magnificent view of the opposite Schubertpark. The building comprises a ground floor, four upper floors as well as an attic floor. For sale are a total of 19 residential units as well as 17 parking spaces in the in-house underground garage.

Location

The building impresses with its prime location in the 18th district, directly opposite the popular Schubertpark. Here you enjoy the ideal combination of urban living and green recreation right on your doorstep.

Various shopping opportunities, charming cafés, restaurants as well as the traditional Kutschkermarkt are located in the immediate vicinity. Pharmacies, banks and other local suppliers are also quickly accessible – everything that makes daily life pleasant.

The connection to the public transport network is excellent: With the U6 „Währinger Straße”, tram lines 40 and 41 as well as bus lines 37A and 40A you can reach the center of Vienna in a few minutes.

A location that combines urban comfort with a high quality of life – ideal for owner-occupiers as well as investors.

Are you thinking about selling your property?

We achieve the best possible price for you – professional, discreet and efficient.

On request we also take care of financing, insurance and all further steps.

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Top 1

The layout of this well-proportioned new apartment is as follows:

• Entrance hall
• WC
• Storage room
• Commercial premises

An indefinitely rented commercial premises with 4% yield offers an attractive combination of immediate rental income, long-term planning security and tax advantages.

• indefinitely rented
• attractive purchase price for future value increases
• regular income immediately after purchase
• current net base rent: EUR 797,97 / month
• current yield before ancillary costs of 4%
• Value retention of the property
• indexed rent adjustment
• tax advantages
• upon vacancy of the commercial premises market-conform rent / increase of yield
• perspective for owner-occupation or profitable resale

This property is excellently suited as a medium- to long-term investment with solid development potential.

Please note: Due to the existing tenancy, a viewing is currently not possible. We will be happy to provide you with further documents on request.

Underground parking spaces can be purchased from € 15.000,- in the in-house underground garage.

Additional costs

For the sake of good order we note that, unless otherwise stated in the offer, in the event of a successful conclusion a commission is payable that corresponds to the rates specified in the real estate agents regulation BGBI. 262 und 297/1996 – that is 3 % of the purchase price plus 20 % VAT. This obligation to pay commission also exists if you pass on the information provided to you to third parties. There is an economic close relationship with the seller.

The contract preparation and escrow processing is bound to Dr. Christian Marth (Vavrovsky Heine Marth Rechtsanwälte) A-1010 Wien, Fleischmarkt 1. The costs amount to 1,5% + 20% VAT + disbursements.

The broker acts as a dual agent.