Ottakringer Straße, 1160 Wien

Let capital work for you | Approx. 7,5 % net yield & ongoing income in Ottakring – discover now!

169,000€
2,338€/m²
  • 72 m²
  • 1 Bath

More details

Online for 4 days
17 views
New build · Constructed in 1974
Located on the ground floor
Building with 7 floors

About this investment property

Put your capital to work | Approx. 7.5% net yield & ongoing income in Ottakring – discover it now!

An investment should pay off.

This already rented commercial unit at Ottakringer Straße 124, 1160 Vienna combines a comparatively low entry price with ongoing rental income and a calculated net yield of around 7.5% p.a.

With a purchase price of EUR 169,000,-, this represents an attractive opportunity for investors who do not want to first search for a suitable tenant, but rather want to invest in an already rented commercial property with ongoing income.

The commercial space comprises approximately 70.53 m² and is currently used as a café/bar. The layout offers a spacious dining area with counter area as well as several practical ancillary and storage rooms. Two separate WCs and a shower facility complete the space.

The commercial unit is rented for a fixed term. The current monthly rental income is EUR 1,932,-, and the currently announced monthly costs are EUR 879.55.

It is precisely the combination of ongoing tenancy and a fixed term that makes the property interesting: The buyer initially benefits from existing income while also gaining additional long-term flexibility regarding reletting, repositioning or later personal use.

Technical measures have also already been carried out: According to the existing exposé, the windows and sanitary facilities were renewed in 2019.

Investment highlights

  • Purchase price: EUR 169,000,-
  • approx. 7.5% calculated net yield p.a.
  • monthly rental income: EUR 1,932,-
  • already rented for a fixed term
  • ongoing income from acquisition
  • approx. 70.53 m² of commercial space
  • spacious dining area with counter area
  • four storage/ancillary rooms
  • two separate WCs
  • shower facility
  • windows and sanitary facilities renewed in 2019
  • highly visible location on Ottakringer Straße

Do not buy vacant. Buy rented.

Anyone looking for a commercial property as an investment does not first have to renovate, market and find a tenant here.

The property is rented. The income is ongoing. And the yield is impressive.

EUR 169,000,- purchase price. Around 7.5% calculated net yield. An already rented commercial unit in Vienna-Ottakring.

Enquire now and review the investment in detail.

The stated net yield of around 7.5% is based on the announced rental and cost data as well as a calculated allowance of around 10% for ancillary purchase costs. Individual financing costs, tax implications and other personal expenses are not taken into account.

We point out that a family or economic relationship exists between the broker and the third party to be mediated.

Infrastructure / Distances

  • Health
    • Doctor <250m
    • Pharmacy <500m
    • Clinic <250m
    • Hospital <500m
  • Children & Schools
    • School <250m
    • Kindergarten <250m
    • University <500m
    • Secondary school <750m
  • Local amenities
    • Supermarket <250m
    • Bakery <250m
    • Shopping centre <750m
  • Other
    • ATM <250m
    • Bank <250m
    • Post office <500m
    • Police <500m
  • Transport
    • Bus <250m
    • Underground <500m
    • Tram <250m
    • Train station <500m
    • Motorway access <3,500m

Distances as the crow flies / Source: OpenStreetMap

Around 1160

Wien

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Key information

Rooms
1 bath · 1 toilet
Size
72,3 m² living area · 72,3 m² usable area

Total purchase price

169,000€
2,338€/m²
Monthly costs (not incl.)
Operating costs
563€
Warm water costs
121€

About your broker

Dejan Ljepoja, MBA
Dejan Ljepoja, MBA
Schantl ITH Immobilientreuhand GmbH
653Listings on Lystio
12Months on Lystio

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Floor plan
Dejan

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