Tenement house in 1140 Wien, 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 floor area of approx. 690 m² is divided as follows:

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

After various renovation works the residential units received the following improvements:

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

• new facade

This investment property is already rented 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 future development of the building, see the attached data sheet which area can be expected after the expansion. More 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 investment property is located in a central location in close proximity to shopping facilities (e.g., Meiselmarkt), medical facilities, pharmacies and public transport. Kindergartens and schools are also quickly reachable. For recreation and leisure the Forschneritschpark, the Schönbrunner Schlosspark and the Auer-Welsbach-Park are available. Very good infrastructure and public transport connections.

Public transport connections:

• Bus: 10A, 12A, N49
• Tram: 49
• U-Bahn: U3 Station "Johnstraße", "Hütteldorfer Straße"
• S-Bahn: S45 Station "Breitensee"

For more information about this property we are very happy to provide personally on request:

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 statutory amount. The above information about this property is provided with the diligence of a proper real estate agent and is based on the information provided by the owner. Therefore we cannot guarantee the accuracy of the information.