Concrete gold - rented for an indefinite period - secure investment with 3.21% yield in the heart of the city with future potential!

Save up to €25,000 now!

As part of the 3SI fee promotion, 3SI Immogroup will cover the land registry and mortgage registration fees for this flat. Full details: www.3si.at/de/gebuehren-aktion

An extremely spacious property, which is currently let as an office. Iprime location in Vienna’s 3rd district – one of the city’s most sought-after neighbourhoods.

The property is currently let on an open-ended tenancy, thus guaranteeing immediate, ongoing rental income whilst offering a high degree of planning certainty.
This presents a rare opportunity for investors to invest capital in a stable, high-yield property – complemented by attractive tax benefits.

• Leased on a long-term basis
• Attractive purchase price with potential for future capital appreciation
• Regular income immediately after purchase
• Current net principal rent: EUR 1,590.75 per month
• Current yield before service charges of 3.21%
• Stability of the property’s value
• Index-linked rent adjustment
• Tax benefits
• Market-rate rent / increased yield should the property become vacant
• Potential for owner-occupation or profitable resale

This property is ideally suited as a medium- to long-term investment with solid development potential.

Please note: Due to the existing tenancy, viewings are not currently possible. We would be happy to provide you with further documentation on request.

Location description

The property at Hintzerstraße 11 is situated in an attractive residential area of Vienna’s 3rd district, Landstraße.
The quiet side street near Landstraßer Hauptstraße is home to both residential and commercial properties and boasts a central location with easy access to the city centre.

Public transport links are excellent:

• the U3 station at Landstraße or Rochusgasse is within walking distance,
• several bus and tram routes are in the immediate vicinity,
• and the Wien Mitte railway station and transport hub also provides a direct link to Vienna Airport.

Service charges

For the sake of clarity, we would like to point out that, unless otherwise stated in the offer, a commission is payable upon successful completion of the sale, in accordance with the rates set out in the Estate Agents’ Ordinance (BGBI. 262 and 297/1996 – that is, 3% of the purchase price plus 20% VAT. This obligation to pay commission also applies if you pass on the information provided to you to third parties. Finally, we would like to point out that we are acting as dual agents and that there is a close family and business relationship between 3SI Makler GmbH and the seller.

The drafting of the contract and escrow settlement are handled by the law firm of Mag. Schreiber, A-1010 Vienna, Schottenring 16. The costs amount to 1.5% of the purchase price plus 20% VAT, as well as out-of-pocket expenses and certification fees. In the case of third-party financing, the fee increases to 1.8% of the purchase price plus 20% VAT, out-of-pocket expenses and certification fees.

Please note that there is a family or business relationship between the agent and the third party for whom the agency is being provided.

The agent is acting as a dual agent.

This text has been translated automatically. No liability is assumed for the accuracy and completeness of the translation. Changes and typographical errors reserved.