Attractive real estate portfolio in Vienna – 3 rented kindergartens with 4.83 % yield

Three rented commercial properties at different locations in Vienna – attractive ongoing rental income and a long-term investment perspective!

An attractive real estate portfolio is for sale, consisting of three rented kindergartens in Vienna’s municipal districts 20, 21 and 22. The package comprises a usable area of around 1,515 m² and offers investors the opportunity to invest in three already rented commercial properties with ongoing income.

Of particular note are the existing tenancies and the established use as childcare facilities. Two of the three properties are rented on an indefinite basis, while the third property has a fixed-term tenancy until 31.10.2033.

The annual rental income of the entire portfolio amounts to around 202.879 €, corresponding to an attractive gross yield of around 4,83 % on the total purchase price.

The three properties offer spacious premises designed for kindergarten operations and are located at different locations in Vienna. By being spread across several properties, the portfolio offers location-based diversification within an established type of use.

The three properties at a glance

1. Kindergarten 1200 Vienna

• Usable area: approx. 528 m²

• Annual rental income: 67.080 €

• Rental status: rented on an indefinite basis

2. Kindergarten 1210 Vienna

• Usable area: approx. 567 m²

• Annual rental income: 85.446 €

• Rental status: rented on an indefinite basis

3. Kindergarten 1220 Vienna

• Usable area: approx. 420 m²

• Annual rental income: 50.353 €

• Rental status: rented on a fixed term until 31.10.2033

• Additional outdoor areas with terrace and garden/playground

Key details of the overall portfolio

• Property type: Commercial properties / kindergartens

• Number of properties: 3

• Locations: 1200, 1210 and 1220 Vienna

• Total usable area: approx. 1,515 m²

• Rental status: fully rented

• Annual rental income: approx. 202.879 €

• Total purchase price: 4.197.000 €

• Purchase price per m²: approx. 2.771 €

• Gross yield: approx. 4,83 %

Investment with a long-term perspective

This real estate portfolio combines three already rented commercial properties with ongoing rental income and an established use as childcare facilities.

With their different locations within Vienna and existing tenancies, the package offers an interesting basis for a long-term real estate investment.

Investors benefit from a portfolio with regular rental income, without first having to arrange new tenants for the properties.

An attractive opportunity for investors who wish to acquire an income-oriented real estate portfolio comprising three rented kindergartens in Vienna.

We will be pleased to provide further information and detailed property documents or to arrange viewing appointments. Viewings are possible by prior appointment.

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 explanation of the generally applicable obligation to submit one and our request that it be prepared. Therefore, at least an overall energy efficiency appropriate to the age and type of the building is deemed to have been agreed. We accept no warranty or liability whatsoever for the actual energy efficiency of the property offered.

The agent acts as a dual agent.

Infrastructure / Distances

Health
Doctor <500m
Pharmacy <500m
Clinic <1.000m
Hospital <1.000m

Children & schools
School <500m
Kindergarten <500m
University <1.500m
Secondary school <2.000m

Local amenities
Supermarket <500m
Bakery <500m
Shopping centre <1.000m

Other
ATM <1.000m
Bank <1.000m
Post office <1.000m
Police <1.000m

Transport
Bus <500m
Underground <1.000m
Tram <500m
Train station <1.000m
Motorway access <1.500m

Distances are measured in a straight line / Source: OpenStreetMap