Concrete gold - commercial space with excellent connections

This commercial property at Schönbrunner Straße 22–24, let on an open-ended tenancy, stands out thanks to its excellent location in a busy area of the 5th district. Situated directly on a major transport route, the property enjoys high visibility and a steady flow of footfall. Its immediate proximity to the Pilgramgasse U4 station, as well as to several tram and bus routes, ensures quick and easy access from the city centre and neighbouring districts.

The surrounding area is characterised by a diverse mix of retail, catering and service businesses, which generate additional footfall and provide an attractive environment for a variety of commercial uses. The popular Naschmarkt, as well as the cycle paths and footpaths along the Wiental valley, are just a few minutes’ walk away and highlight the property’s urban and exceptionally well-connected location.

• Leased on a long-term basis
• Attractive purchase price with potential for future capital appreciation
• Regular income immediately following purchase
• Current net principal rent: EUR 770.30 per month
• Current yield before service charges of 3.25%
• Stability of the property’s value
• Index-linked rent adjustment
• Tax benefits
• Should the commercial space become vacant, market-rate rent / increased yield
• Potential for owner-occupation or profitable resale

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 transaction, 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/or 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 per cent of the purchase price plus 20 per cent VAT, out-of-pocket expenses and certification fees.

Please note: For better visualisation, individual images in this advert have been virtually staged using artificial intelligence (AI) or digitally edited. The furniture, furnishings and design elements shown are not part of the actual offer and are intended solely to illustrate possible usage concepts.

Please note that there is a close family or business relationship between the estate agent and the third party for whom the property is being marketed.

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.