Concrete gold - rented for an indefinite period - secure investment with 3.5 % yield in a central location just off Mariahilfer Strasse

Top 10c on the 1st floor

A classic old Viennese investment flat in a central location in the 7th district is for sale. A condominium let for an indefinite period offers an attractive combination of immediate rental income, long-term planning security and tax advantages.

• rented for an indefinite period

• Attractive purchase price for future increases in value

• Regular income immediately after purchase

• current net main rent: EUR 7,155.60 p.a.

• current yield before ancillary costs of 3.5%

• intrinsic value of the property

• Indexed rent adjustment

• Tax advantages

• Rent in line with the market / increase in yield when the flat becomes vacant

• Prospect of 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 currently not possible. We will be happy to provide you with further documents on request.

Surroundings

Central location in the heart of West Neubau - just a few steps from Mariahilfer Strasse. A wide range of local suppliers, shops, restaurants and public facilities are within walking distance. The following buses and trams offer fast connections to the public transport network:

• Underground U3 station Neubaugasse/ U6 station "Burggasse-Stadthalle"
• Tram number 6, 9, 18, 49
• Bus route 13A,

The neighbourhood also offers a comprehensive range of local amenities, medical care and educational and childcare facilities. The proximity to popular recreational and leisure facilities such as the MuseumsQuartier or the Burggarten rounds off the high quality of life at this address.

Ancillary costs

For the sake of good order, we would like to point out that, unless otherwise stated in the offer, a commission will be payable on successful completion of the transaction in accordance with the rates stipulated in the Real Estate Agent Ordinance BGBI. 262 and 297/1996 - i.e. 3% of the purchase price plus 20% VAT. This commission obligation also applies if you pass on the information provided to you to third parties. There is a close economic relationship with the seller.

The contract is drawn up and handled by the law firm Mag. Schreiber A-1010 Vienna, Schottenring 16. The costs amount to 1.5 % of the purchase price plus 20 % VAT as well as cash expenses and notarisation. In the case of third-party financing, the fee increases to 1.8 % of the purchase price plus 20 % VAT, cash expenses and notarisation.

Note in accordance with the Energy Performance Certificate Submission Act: An energy performance certificate has not yet been submitted by the owner or seller after we informed them of the generally applicable obligation to submit it and requested that it be prepared. Therefore, at least an overall energy efficiency corresponding to the age and type of the building is deemed to have been agreed. We assume no guarantee or liability for the actual energy efficiency of the property on offer.

We would like to point out that there is a close family or business relationship between the agent and the third party to be brokered.

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