Apartment house in Vienna

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Apartment house in Vienna

5,000,000 €
1,870 € /m²
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  • Total area
    2,673 m²
  • Yield
    4.4%
Details
Financial performance
  • Annual income: 218,232 €
Tenants
  • Occupancy: 94%

It is an apartment house in Leopoldstadt, Vienna.

Description

The building area is 2,673 m².

94% of the space are leased out.

Financial performance

Absolute income is 218,232 €.

THe current yield of 4,4%.

Location

Leopoldstadt is named after Leopold I, Emperor of the Holy Roman Empire. With the opening of the new University of Economics and Business (Wirtschaftsuniversität, WU) Leopoldstadt became one of the most advanced areas of Vienna. It pulls developers and hotels. The area actively began to develop.

It is a green area with numerous parks — an attractive place for rest. There are two large parks — Prater, where last emperors hunted, and the Augarten, the oldest baroque garden in Vienna. More than 35% of the Leopoldstadt are green spaces.

Almost 30% of residents of the area are the foreigners. Popular residential locations in Leopoldstadt — Karmelitermarkt, the neighborhood of the Augarten and the Prater (between Shyuttelshtrasse) and Gruner-Prater park. Also, with the development of the North Station there is a promising place between Hayneshtrasse and Nordbanshtrasse.

Additional information is available after signing a NDA.

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If this ad doesn't suit you, have a look at the other apartment buildings for sale in Vienna.

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