Concrete gold - rented for an indefinite period - secure investment with 3.4 % yield in a central location with future potential!

This property is a well-maintained historic building dating from the turn of the century. All the communal areas of the building are well maintained, and the attic has already been converted, meaning that the overall condition can be described as good. The lift was also installed as part of the attic conversion. The central location between Mariahilfer Straße and Wienzeile offers excellent local amenities for all daily needs, as well as excellent links to the public transport network.

Top 5 on the ground floor

A classic Old Viennese investment flat is for sale in a central location in the 6th district. This freehold flat, let on a long-term lease, offers an attractive combination of immediate rental income, long-term planning security and tax benefits.

• Let on a permanent basis
• Attractive purchase price with potential for future capital appreciation
• Regular income immediately after purchase
• Current net basic rent: EUR 7,124.88 per annum
• Current yield before service charges of 3.4%
• Stability of the property’s value
• Index-linked rent adjustment
• Tax benefits
• If the flat becomes vacant, market-rate rent / increase in yield
• Potential for owner-occupation or profitable resale

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

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

Service charges

For the sake of clarity, we would like to point out that, unless otherwise stated in the offer, a commission will be 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 or 2 months’ gross rent plus 20% VAT. This obligation to pay commission also applies if you pass on the information provided to you to third parties. There is a close business relationship with the seller. The drafting of the contract and the escrow settlement are handled by the notary Mag. Schreiber, A-1010 Vienna, Schottenring 16. The costs amount to 1.5% plus 20% VAT plus out-of-pocket expenses.

Please note that there is a close family or financial relationship between the agent and the third party to be represented.

The agent is acting as a dual agent.

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