Apartment building with supermarket, Vienna, Austria

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Apartment building with supermarket, Vienna, Austria

3,400,000 €
3,090 € /m²
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  • Total area
    1,100 m²
  • Yield
    3.2%
Details
Property parameters
  • Land area: 400 m²
  • Total apartments: 15
  • 4-floor building
Financial performance
  • Annual income: 109,000 €
Tenants
  • Fully let
Transaction costs
  • Broker: 3.0%

Fully let apartment building in one of Vienna's most populous areas.

Description

The apartment building has a total of 4 floors + basement and includes 15 apartments and a supermarket on the ground floor.

It is possible to convert the attic and expand the living area by about 600 m² (including balconies and terraces).

Ownership type: 100% freehold.

Transaction Type: Asset/ Share Deal.

Tenants

Open ended lease agreements are signed with the tenants of all apartments.

Location

The property is located in one of Vienna's most populous areas, close to a tram stop and a metro station. The motorway entrance is several minutes drive away. The airport can be reached in about 30 minutes.

Vienna is the capital of Austria with population of over 1,800,000 people.

Vienna is the 3d city-residence of the United Nations after New York and Geneva. There are the headquarters of such international organizations as OPEC and the OSCE here. Vienna 9 times in a row took the 1st place in the world for quality of life (Economist, 2018).

Public transport is well developed in Vienna, a chain of autobahns and railways connects Vienna with other cities in Austria and Europe. Schwechat International Airport is the largest in Central Europe, with more than 60 airlines from around the world registered, annually serving more than 14 million passengers.

More properties

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

All ads in the country: apartment buildings for sale in Austria.

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