Office building, Vienna, Austria

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Office building, Vienna, Austria

4,800,000 €
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Total area: 2,222 m² Yield: 5.0%
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Features
  • Operating Incomе: 237,689 €
  • Occupancy: 100%

An office building near Vienna.

Description 

The largest part (2,222 m²) of a rented office building with a total area of 2,619 m² is for sale. 

The roof and the facade of the building are newly renovated.

Financial performance

The absolute annual income is 237,689 €.

The current yield of 5,0%.

Tenants

The specified area of the building is leased by 5 companies (the sixth contract is in the stage of clearance).

The first tenant is a trade and service company, since 1984 working in the field of automation technologies. The lease agreement with this company is valid until 31.12.2024.

The second tenant has been providing tax advisors' services for more than 20 years in its own branches and partner network. The lease agreement with this company is indefinite.

The third tenant is an international producer and supplier of frozen products. The company has 4 own production facilities and sales offices in 6 European countries. The lease agreement with this company is indefinite.

The fourth tenant is a manufacturer of metal fences, gates, facades by individual order. The lease agreement with this company is indefinite.

The fifth tenant provides IT support to the regional education department. The lease agreement with this company is valid until 31.07.2019.

Location

The property is located in the center of the town with a population of more than 25,000 people, in 26 km from Vienna.

Supermarkets Billa, Hofer, Lidl, Evrospar, pharmacy, hairdresser, Toyota dealer center, gas station are situated in a walking distance from the building.

Statistics in Vienna

Price per m², €
6,354
Healthcare efficiency level
80
Index 80 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
76
Index 76 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 6,354.35
Apartment in a bedroom community, m² 3,827.71
Transport Price, €
Public transport, 1 ride 2.4
Monthly travel card 42.0
Taxi, 1 km 1.4
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.56
Milk, 1 l 1.02
White bread, 500 g 1.75
Eggs, a dozen 3.08
Chicken fillet, 1 kg 9.91
Education Price, €
Kindergarten, per month 211.09
International school, per year 15,785.71
Health care index
Staff competence 82.41
Medical equipment 92.22
Research accuracy and completeness 82.22
Attitude towards patients 69.21
Security index
Crime rate 20.6
The risk of being robbed 19.58
The risk of car theft 20.04
The risk of break-in and property damage 28.78

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Olga Starintseva
Olga Starintseva
Investment Consultant at Tranio
+44 17 4822 0039
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