№ 1,754,409

Office building 2,222 m² in Vienna

4,800,000 €
2,160 € /m²
  • Total area 2,222 m²
  • Yield 5.0%
  • Cost in euros per m2 2,160 €
  • Constructed —
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Vienna
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    Key project parameters
    Total area
    2,222 m²
    Project description

    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.

    Tenants
    Agreement
    n/a

    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.

    Financial performance
    Yield
    5.0%

    The absolute annual income is 237,689 €.

    The current yield of 5,0%.

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    Location and nearby infrastructure

    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.

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    annual yield
    From 15-17%
    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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    How we help investors

    Analysing the needs

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    Developing a strategy

    We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

    Providing transaction support

    We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account

    Helping with management

    We can take over the management of your property or recommend a suitable management company

    Organising property viewings

    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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      Head of Commercial Property Department
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