Betongold – a secure investment offering a 3.94% return in the heart of the city, with potential for future growth

"MARGRET'S – A delightful place to live in the heart of Margareten! Close to the Naschmarkt and Schlossquadrat!

This exceptionally well-maintained period property in a superb city-centre location offers several attractive flats for sale. Some of the flats are in very good condition and ready to move into immediately, whilst others have undergone comprehensive refurbishment.

The top-floor flats also feature spacious terraces, which provide additional open space within the urban setting.

Two of the penthouse flats on offer are let on open-ended tenancies, providing an attractive combination of immediate rental income, long-term planning security and tax benefits.

Surroundings

The residential development is situated in a prime location in the 5th district, close to the Schlossquadrat and numerous public transport links:

• in the immediate vicinity of the Pilgramgasse underground station, as well as bus routes 12A, 13A, 14A and 59A
• quick access to the city centre
• a wide range of shops for everyday needs, as well as pharmacies, retail outlets and restaurants
• The Naschmarkt is just a few minutes’ walk away. The location thus offers the perfect balance between city life and a local recreational area.
• For sports and swimming enthusiasts, the John Harris Fitness Centre and the Margartenbad are just a 2-minute walk away

The 5th district, ‘Margareten’ – particularly in this location – is one of Vienna’s most sought-after residential areas. Excellent infrastructure, perfect transport links and a vibrant lifestyle characterise the area around the Naschmarkt and the Schlossquadrat. A wide range of multicultural dining options, designer boutiques and trendy bars and shops invite you to stroll and shop. It’s no surprise that the area around the Naschmarkt is one of Vienna’s “favourite spots”.

Are you thinking about selling your property?
We’ll secure the best possible price for you – professionally, discreetly and efficiently.
On request, we can also take care of financing, insurance and all other necessary steps.
Enquire now with no obligation!

Top 3–4 commercial premises

This commercial property at Schönbrunner Straße 22–24, which is already let for a further 5 years, offers investors an immediate and predictable source of income. The property is currently used as an office and generates a total monthly rent of EUR 1,890.00, which corresponds to an annual return of 3.94%.

The unit, measuring approximately 98 m², features three versatile rooms and a practical kitchenette, and is suitable for a wide range of commercial uses. A particular highlight is the quiet inner courtyard, which offers a pleasant environment right in the heart of the city.

Thanks to the excellent infrastructure and superb public transport links, the location is one of the most sought-after business addresses in Vienna’s 5th district. Numerous shops, restaurants and service providers are located in the immediate vicinity.

Highlights:

• Already let for 5 years
• Total monthly rent: EUR 1,890.00
• Attractive yield of 3.94% p.a.
• Approx. 98 m² of usable floor space
• Flexible layout
• Quiet courtyard
• Prime location with excellent infrastructure and transport links

A sound investment with a long-term tenancy and attractive income prospects.

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. There is a close business relationship with the seller. The drafting of the contract and escrow arrangements 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 event of third-party financing, the fee increases to 1.8% of the purchase price plus 20% VAT, out-of-pocket expenses and certification fees.

All information provided to you herein has been disclosed to us by the seller. We cannot guarantee its accuracy or completeness.

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