A commercial area in a historic building in the center of Vienna.
Description
A commercial area on the ground floor of the building.
Benefits
- central location
- developed infrastructure
- capitalization growth potential
The absolute annual income is 17,500 €.
The current yield is 3.5%.
The tenant is a hairdresser.
The lease agreement is indefinite (since 1989), the indexation is provided.
Brokerage fee is 3% + VAT 20%.
The property is located in the 8th district of Vienna, in a 5–10 minutes walk from the 1st district of Vienna (the Town Hall and the museum quarter).
Vienna is the capital of Austria. The population of the city is about 1,900,000 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.
The Old Town of Vienna and Schönbrunn Palace are listed as a UNESCO World Heritage Site.
