Concrete gold - commercial space in a highly frequented location in the 5th district

The commercial premises at Schönbrunner Straße 22–24, let on an open-ended tenancy, are situated in a superbly connected and highly frequented location in the 5th district. Situated directly on a central transport route, the property benefits from high visibility and a steady flow of passers-by. Its immediate proximity to the Pilgramgasse U4 station, as well as to several tram and bus routes, ensures easy access from both the city centre and the surrounding districts.

The surrounding area offers a vibrant mix of shops, restaurants and service providers, ensuring additional footfall and ideal conditions for a wide range of commercial uses. The nearby Naschmarkt and the Wiental valley, with its cycle paths and footpaths, are just a few minutes’ walk away and highlight the attractive, well-connected urban 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 756.21 per month
• Current yield before service charges of 3%
• Stability of the property’s value
• Index-linked rent adjustment
• Tax benefits
• If the commercial space becomes vacant, market-rate rent / increase in 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/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 event 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 that there is a close family or business relationship between the agent and the third party for whom the service is 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.