Fully leased commercial building with solid returns

This commercial property, built in 1990 and used as a commercial building since 1991, is located in the established centre of Simmering, at the intersection of Ravelinstraße/Kölgengasse. Large green spaces and the Vikings Football Center with its training fields are located directly opposite. The corner location ensures good visibility, natural lighting on two sides and flexible, separately accessible units.

The property has a total usable area of 1.391m² including the courtyard and technical areas, of which 1.281m² are rented out or made available for use. The rent-relevant area is approximately 990m².

The 5 units (specialist sports retailer, administrative office, renowned Austrian sports association office, sports marketing agency office) generate annual net rent of €105.880.- plus easements amounting to €1.366.-.

The total net rental income amounts to € 107.247.- in 2026.

The existing contracts are long-term contracts.

Additional income reserves currently consist of 60 m² of training space in the basement (currently used jointly but not charged separately).

Since its construction, investments have been made repeatedly (new roof windows on the 2nd floor, PV system with 19,2 KWP on the roof in 2023).

Heating is provided by oil, which the neighbouring building also shares in, using the heating system infrastructure for a fee. Air-conditioning systems were officially approved in 2020 and have already been installed for one unit.

As the property directly faces the Football Center, the property in Simmering is part of ongoing urban development—a solid environment for long-term commercial investments. Centrally located (only 6 km from Vienna city centre), Vienna 11 (Simmering) is one of the districts with the best projected development due to excellent transport connections and sufficient green spaces.

Accessibility:

• Enkplatz U3 station can be reached within a few minutes on foot.
• The Simmering railway station transport hub (U3 + S-Bahn) is also only 10-12 minutes away on foot.
• Vienna Airport can be reached in just 15 minutes by car.
• The motorway access (S1) is 10 minutes away by car.
• The A4 access is 3 km away.
• Sufficient parking spaces are available in the surrounding area.