It is and industrial warehouse in Floridsdorf, 21st district of Vienna.
Reinforced concrete building with steel and glass façade, total area of 1,994 m² was constructed in 2007.
The plot of 2971m².
The main storage hall occupies 995 m², ceilings height is 4,4–6,8 m. There is also a high-bay warehouse area of 297 m² and a two-level office area of 377 m².
There is a separate area for hazardous materials and fire alarm systems. Ventilation system provides air circulation up to 5 times per hour. Gas heating. There is also a parking for 19 cars.
The property is in good condition and partially leased out.
Absolute income is 72,000 €.
The current yield of 2,7%.
Potential income (full occupancy) is 156,000 — 208,000 €.
Potential yield of 6–8%.
Ownership transfer tax of 3,5%.
Registration in the land register and the costs of drawing up the contract are 1,1%.
Broker's fee of 3,6%.
5 minutes to A 22 or the Wagramerstraße, 10 minutes to the southeast tangent.
Bus stops are in the immediate vicinity.
Purchase costs regulated by law
- Transfer tax 3.5%
- Agent commission 3.6% (incl. VAT), for buy-to-let investors 3%
- Registration fee 1.1%
- Legal fees 1.2–2.4% (incl. VAT), for buy-to-let investors 1–2%