TOP INVESTMENT | ONLY € 2,590/m² | WALKING DISTANCE TO 1ST DISTRICT

Top investment | only € 2.590/m² | within walking distance of the 1st district

1020 Vienna, Czerninplatz 5 | approx. 70 m² | rented indefinitely | approx. 3 % return | € 179.900,-

This indefinitely rented medical practice in a classic Viennese old building at Czerninplatz 5 is being offered for sale within immediate walking distance of the 1st district.

The unit has approx. 69,49 m² of usable space and is rented long-term to a veterinarian. This gives investors the opportunity to acquire an existing income-generating property in an excellent inner-city location at a purchase price of only approx. € 2.590,-/m².

The combination of ongoing rental income, an attractive entry price and high long-term potential for appreciation is particularly interesting.

• Within walking distance of the 1st district
• Central location at Czerninplatz
• Approx. 69,49 m² of usable space
• Additional storage room with approx. 4,01 m²
• Rented indefinitely & long-term
• Currently used as a veterinary practice
• Approx. € 450,36 net base rent per month
• Approx. 3 % gross return p.a.
• Only approx. € 2.590,-/m²
• High long-term potential for appreciation
• Classic Viennese old building
• Newly designed and landscaped surroundings at Czerninplatz

Rental & investment

The practice is rented indefinitely and has already been used by the existing tenant for many years.

The current net base rent amounts to approx. € 450,36 per month or € 5.404,32 per year, calculated accordingly. Based on the purchase price of € 179.900,-, this corresponds to a gross return of approx. 3 % p.a.

In particular, the attractive entry price combined with the excellent inner-city location offers high long-term potential for appreciation.

Location – within walking distance of the 1st district

Czerninplatz is located in a particularly central part of Vienna’s 2nd municipal district. Vienna’s city centre and the Danube Canal can be reached comfortably on foot.

Restaurants, cafés, shopping facilities and amenities for everyday needs are located in the immediate surroundings. The central location combines the advantages of Leopoldstadt with the immediate proximity to the 1st district.

If you have any further questions or are interested, Mr Niklas Brey will be pleased to assist you personally at +43 664 47 00 847 or by email at [email protected]. We will be happy to send you all further documents if you are interested.

All information is based on information and documents provided by the owner or third parties and has been compiled with the greatest possible care. No guarantee is given for the accuracy, completeness or timeliness of the information. Changes, errors and prior sale reserved. All area details are approximate.

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

The broker acts as a dual agent.