Well-rented investment property with top tenant creditworthiness and development potential in 1100 Vienna

Property description:

For sale is a well-maintained Gründerzeitzinshaus in a central location in the 10th district – an attractive combination of stable income and development potential.

The property consists of 5 floors in classic Gründerzeit construction and is mostly leased on a fixed-term basis, which secures stable net rental income of around € 207.000 p.a. With targeted optimizations, the income potential can be increased to about € 230.000 annually.

An attic floor study is present: over 600 m² WNFL plus around 50 m² of terraces and balconies can be created, which would amount to a total area of over 2.550 m² – a clear plus for value appreciation and yield.

Highlights:

• Stylish Gründerzeitzinshaus with 5 floors

• AAA tenants: 91% fixed-term // 9% open-ended

• 87% residential // 9% commercial // 4% storage

• Dachgeschoß-Studie for over 600 m² WNFL + around 50 m² open spaces

• Current rental income approx. € 207.000 p.a., optimizable to € 230.000

• Mostly rented to tenants with best creditworthiness (city-near owner), thus no vacancy or rental loss risk

• Attractive location near Reumannplatz and Sonnwendviertel

This object offers a rare opportunity to invest in a solid Wiener Zinshaus with development potential – in a district with strong demand growth and excellent infrastructure.

Schedule your viewing appointment today – we look forward to your call!

*The images shown are symbolic images!

The contact person listed in this advertisement is available to coordinate a viewing appointment and guide you through the property.

The information about the offered object is provided with the care of a proper real estate agent; no guarantee is given for the accuracy of such information based on information from those entitled to dispose of the object. The provisions of the attached Immobilienmaklerverordnung apply; furthermore, an overview of expected ancillary costs according to KSchG was transmitted. According to § 6 Abs. 4 dritter Satz MaklerG and § 30b KSchG the real estate agent points out a pre-existing economic close relationship to the seller due to regular business activity. However, there is no corporate connection to the seller. This offer is exclusively for the addressee. Any disclosure to third parties is only permitted with our explicit written consent. Note: Since 1.1.2009 there is an obligation for the seller or the landlord of a property to present a valid energy certificate. In case of non-presentation, a total energy efficiency corresponding to the age and type of building is deemed agreed. The broker, Boom Living GmbH & Co KG, acts as a dual broker.

The broker acts as a dual broker.

Infrastructure / Distances

Health

• Doctor <500m
• Pharmacy <500m
• Clinic <500m
• Hospital <2.000m

Children & Schools

• School <500m
• Kindergarten <500m
• University <1.000m
• Higher School <2.500m

Nearby amenities

• Supermarket <500m
• Bakery <500m
• Shopping center <1.000m

Other

• ATM <500m
• Bank <500m
• Post <500m
• Police <500m

Transport

• Bus <500m
• U-Bahn <500m
• Tram <500m
• Train station <500m
• Motorway connection <1.500m

Distance as the crow flies / Source: OpenStreetMap