Office building, Vienna, Austria

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Office building, Vienna, Austria

6,500,000 €
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Total area: 2,916 m² Yield: 5.1%
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Features
  • Operating Incomе: 333,000 €
  • Land area: 1,206 m²
  • 3-floor building
  • Occupancy: 100%
  • Number of parking lots: 50

An office building in Vienna.

Description

A three-storey commercial property.

The property includes parking for 50 cars.

There is an opportunity to increase the number of floors of the building.

Financial performance

The absolute annual income is 330,000 €.

The current yield of 5,1%.

Tenants

The anchor tenant is one of the largest laboratory operators in Germany and Central Europe.

The lease agreement is valid until 14.05.2022, with a notice period of 6 months.

The second tenant is a housing construction company.

The lease agreement is concluded without a period, with a notice period of 12 months (from 29.07.2011).

Location

The object is located in the 23rd district of the city of Vienna, in the center of the industrial zone.

Supermarkets Billa and Hofer, electronics and tools stores, a pharmacy, ATM, DHL office, MAN auto repair shop are situated in close proximity.

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Enquire about this office building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 2% annually
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