Shop 40m² Vienna 1170

Commercial premises Top GL1 (formerly 3) on the ground floor

As a TOP-INVESTMENT, this appealing, approximately 40 m² commercial space in a busy location in 1170 Vienna is being offered for sale.

For sale is a friendly space currently used as a Western Union storefront in an extremely attractive location in Vienna's 17th district. The space, in good condition, impresses with its spaciousness as well as with numerous, expansive window fronts that provide a lot of natural light and an open atmosphere.

The space is rented on an indefinite term and thus offers an excellent combination of immediate rental income, long-term appreciation and attractive tax advantages – an ideal investment opportunity in a sought-after location.

• indefinitely rented
• attractive purchase price for future value increases
• regular income immediately after purchase
• current net main rent: EUR around 668,-/ month
• current gross yield of around 5%
• value retention of the property
• indexed rent adjustment
• tax advantages
• prospect of constant income or profitable resale

HOUSE and SURROUNDINGS

This property, built around 1997 and well maintained, is located near Elterleinplatz. The central location offers very good infrastructure and transport links. In the walking vicinity there are a multitude of shops / daily needs facilities as well as trendy restaurants and bars. Due to the good public transport connections with tram lines 1, 9, 42, 43 and the buses of line 10A, Vienna's city center is reachable in just a few minutes.

CONCLUSION

Due to the versatile usability of the spaces, the good visibility of the location with high footfall, public transport and car frequency, the property is suitable for retail use as well as for office space.

Under certain conditions a gastronomic use would also be conceivable and not entirely excluded by the landlord.

Additional costs

For the sake of good order, we note that, unless stated otherwise in the offer, upon successful closing a commission applies, which corresponds to the rates set forth in the Immobilienmaklerverordnung BGBI. 262 and 297/1996 - that is 3% of the purchase price plus 20% VAT or 3 gross monthly rents plus 20% VAT. This commission obligation also exists if you pass on the information entrusted to you to third parties.

The contract drafting and escrow processing is tied to the law firm Rechtsanwaltskanzlei Dr. Rainer Brinskele (Kantgasse 1, Mezzanine, A-1010 Vienna). The costs amount to 1.5% of the purchase price plus 20% VAT as well as out-of-pocket expenses and authentication costs.

All information provided to you here has been supplied to us by the seller. We cannot guarantee accuracy and completeness.

The broker acts as a dual agent.