Drogerie chain store and 3 apartments, Vienna, Austria

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Drogerie chain store and 3 apartments, Vienna, Austria

3,950,000 €
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  • Yield
    3.3%
  • Rental rate (m²/month)
    14 €
Details
Property parameters
  • Leasable area: 755 m²
  • Total apartments: 3
Financial performance
  • Annual income: 125,500 €
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2016
Transaction costs
  • Broker: 3.0%
Features
  • Street retail

Drogerie chain store and 3 apartments near Vienna city center.

Description

The total leasable area of the premises is 755 m²:

  • commercial space 361 m² on the ground floor
  • living area 340 m² (3 apartments from 100 to 116 m² each)
  • terrace 132 m²

One commercial and three residential units are located in one house. The premises are in excellent condition and do not require repairs.

Financial performance

The annual income is 125,500 €.

The yield is 3.2%.

Tenants

The property is fully let.

The tenant of the commercial unit on the ground floor is the largest Austrian chain of cosmetics and household goods stores. The company has been renting premises for over 13 years. Open-end lease agreement.

Residential premises are leased to employees of a large organization over the past 5 years.

Location and nearby infrastructure

The property is located in one of the central areas of Vienna, only 3 km from the historic city center. The nearest metro station is 100 meters from the building.

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 several years in a row takes the 1st place in the world for quality of life.

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.

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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