OVER 5.4% GROSS INITIAL YIELD IN ALT-MAUER – FULLY LET INCOME PROPERTY WITH STABLE CASH FLOW

In one of the most sought-after locations in Vienna’s south, a rare opportunity presents itself for investors: a high-quality, renovated and modernized property in Alt-Mauer with existing cash flow, an attractive tenant structure and long-term potential for appreciation.

The property is situated on a plot of approximately 770 m² and has approximately 303 m² of usable floor space, plus approximately 38 m² of unfinished attic floor space.

There are currently three active tenancy agreements with different commercial uses in the fields of electrical engineering, medical practice and office space. The rental areas range from approximately 31.5 m² to 67 m²; the existing contracts are fixed-term.

Another significant advantage: Following the sale, the current owner intends to rent back an area of approximately 100 m² for approximately € 2,000 per month. The corresponding tenancy agreement will be coordinated with the new owner and form part of the sales documents.

After completion of this leaseback, the annual gross rental income will amount to approximately € 54,000.

The property is also convincing in terms of its technical features and quality: triple-glazed timber/aluminium security windows by Bayerwald, roller shutters and soundproof windows, a modern KNX bus system, fibre-optic connection and CAT-7 network cabling up to 1 Gbit/s, underfloor and central heating, a fireplace, as well as high-quality parquet and tiled floors. Garden and terrace areas complete the attractive overall package.

Existing cash flow, an attractive yield, high-quality substance and one of the most sought-after locations in the 23rd district: This property combines precisely those factors that characterize a sustainable real estate investment.

An investment opportunity that, in this combination of location, plot size, substance and returns, rarely comes onto the market in Alt-Mauer.

We would be pleased to provide you with further information or arrange a viewing appointment by telephone or email.

We would like to point out that there is a family or economic relationship of close proximity between the broker and the third party to be brokered.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <1,500m
  • Hospital <2,000m
• Children & Schools
  • School <500m
  • Kindergarten <500m
  • University <4,500m
  • Secondary school <4,000m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping centre <1,500m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <500m
  • Police <2,000m
• Transport
  • Bus <500m
  • Underground <4,000m
  • Tram <500m
  • Train station <1,000m
  • Motorway access <4,000m

Distances as the crow flies / Source: OpenStreetMap