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Bäckerstraße 5 - Top 1-2+5

Concrete gold: Attractive gastro investment in a prime Viennese location

Key data

Address Bäckerstraße 5 - 1010 Vienna
Apartment # 1-2+5
Type of use For sale
Property number 21523

Costs

Purchase price € 4,167,276.00
Land register entry 1.10 %
Property transfer tax 3.50 %
Running costs € 1,505.89
Monthly total rent € 1,505.89
Commission 3% of the purchase price plus 20% VAT.

Spaces

Usable floor space 668.93 m²

Request description of the property

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Please fill in this contact form. We will then send you a description of this property as soon as possible by email.

Description of property

An exclusive gastronomy investment package with three first-class commercial spaces in top locations in Vienna, which are let to renowned operators on long-term leases and thus offer reliable and sustainably secured income. The Kussmaul restaurant at Bäckerstraße 5 in the 1st district benefits from its outstanding city centre location and is one of the most sought-after addresses for upmarket Viennese restaurants.

  • let for an indefinite period
  • Attractive purchase price for future increases in value
  • Regular income immediately after purchase
  • current net main rent: EUR 10,418.19 / month
  • current yield before service charges of 3%
  • intrinsic value of the property
  • Indexed rent adjustment
  • Tax advantages
  • Rent in line with the market / increase in yield when the commercial space becomes vacant
  • Prospect of own use or profitable resale

Location

Bäckerstraße 5 is located in one of the most sought-after locations in Vienna's city centre, just a few steps away from Stephansplatz. Surrounded by high-quality shops, offices and tourist hotspots, the location offers consistently high footfall and excellent visibility. The connection to the underground lines U1 and U3 is ideal, making the restaurant particularly easy for guests to reach. The location is one of the top addresses for successful catering concepts in the 1st district.

Service charges

For the sake of good order, we would like to point out that, unless otherwise stated in the offer, a commission is payable on successful completion of the transaction at 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. Finally, we would like to point out that we act as a dual broker and that there is a close family/economic relationship between 3SI Makler GmbH and the seller.

The drafting of the contract and escrow processing is bound to 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.

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

The agent acts as a dual broker.

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

Fee exemption for your new home

Benefit now from the fee exemption as part of the ‘Wohnbau Offensive’! When purchasing a condominium, the land register fee (1.1%) and lien registration fee (1.2%) are waived up to an assessment basis of 500,000 euros. This regulation applies to residential properties that are used as a main residence and serve to fulfil an urgent housing need, with a purchase price of up to 2 million euros.

Your contact

Our real estate experts would be happy to advise you.
We look forward to hearing from you!

Bianca Benesch

Real estate agency


+43 1 607 58 58 53 b.benesch@3si.at

Contact

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Your inquiry relates to the following property: Bäckerstraße 5 - 1010 Vienna - Top 1-2+5

Contact

We look forward to hearing from you!

You are welcome to contact us by phone or through our contact form.

Phone number : +43 1 607 58 58