# SQ - APARTMENT BUILDING - FULLY LET - QUIET LOCATION - approx. 724 m² EXISTING

Income property in 1150 Vienna

Hollergasse | Investment property with development potential

Purchase price: € 3.300.000,–
Total usable area: approx. 724 m²
15 units
Net rent according to the rent schedule: € 107.113,92 p.a.
Yield based on the stated net rent: approx. 3,25 % p.a.

The Investment

An income property in Hollergasse in Vienna’s 15th district, Rudolfsheim-Fünfhaus, is offered for sale.

The property comprises a total of 15 units with a total usable area of approximately 724 m² and offers an interesting combination of ongoing rental income and further optimization potential.

The units vary in size from approximately 22 m² to 80 m². The majority of the property is rented. One unit is currently being renovated.

The differing rent structure within the building is particularly interesting for investors.

Investment Highlights

• Income property in 1150 Vienna
• Address: Hollergasse
• approx. 724 m² total usable area
• 15 units in total
• 13 units rented according to the schedule
• one additional unit rented for an indefinite period - already terminated
• one unit currently being renovated - shortly before completion
• different apartment sizes from approx. 22 to 80 m²
• Net rent according to the available schedule: € 8.926,16 monthly
• Net rent: € 107.113,92 p.a.
• Purchase price: € 3.300.000,–
• Calculated yield based on the stated net rent: approx. 3,25 % p.a.

Conclusion

The property in Hollergasse offers investors the opportunity to acquire an already predominantly rented income property with ongoing income and additional long-term development potential.

The combination of approx. 724 m² of usable area, 15 units, existing cash flow, different rent levels and a unit currently undergoing renovation creates an interesting starting position for a long-term-oriented investor.

Purchase price: € 3.300.000,–

Further documents such as the rent schedule, rental agreements, plans, land register extract and property-specific documentation will gladly be provided upon serious interest.

All information is based on the information provided by the owner or client and is provided without guarantee. Areas, rental and income figures must be verified by the interested party as part of a due diligence review. Changes, errors and sale prior to conclusion reserved.

Notice pursuant to the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller, despite our information about the generally applicable obligation to submit one and our request for its preparation. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume no guarantee or liability whatsoever for the actual energy efficiency of the offered property.

We point out that there is a family or economic relationship of close association between the broker and the third party to be brokered.

The broker acts as a dual broker.