Future Investment – 5% Yield
Fernkorngasse, 1100 Wien- 275 m²
More details
About this investment property
This 2002-built investment property is leased as a kindergarten and offers investors a low-maintenance opportunity with an approximate 5 % gross initial yield.
The property provides 275 m² of usable space and generates an annual net rental income of approximately 44,750 Euro. Rental payments are received regularly and punctually with virtually no ongoing maintenance costs.
Heating is supplied centrally via a consumption-based system and is billed directly to the tenant. The tenant is a renowned educational provider holding an indefinite contract with the City of Vienna.
Highlights
- Annual net rental income of approx. 44,750 Euro
- Gross initial yield of approx. 5 %
- Indexed rental income with annual adjustment
- Reliable, renowned tenant with indefinite educational contract
- Built in 2002 with central heating supply
- Virtually no ongoing maintenance expenses
- 275 m² usable space
Location & Surroundings
The property is located in Fernkorngasse in Vienna’s 10th district. The surrounding infrastructure ensures steady demand for educational facilities. Public transport is reachable within minutes.
Additional Information
The purchase price is 890,000 Euro. The energy certificate shows an HWB of 78.93 kWh/m²a and an Fgee of 1.1, both rated class C. Handover is available immediately.
Fernkorngasse
1100 Wien
Key information
Total purchase price
About your broker
A second look
Ask Bernhard directly
Bernhard knows this place inside out!
Bernhard usually responds within a few hours.