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8 500 000 €

Commercial apartment building in Vienna, Austria, 1 520 sq.m
  • Commercial apartment building in Vienna, Austria, 1 520 sq.m - picture 1
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  • Commercial apartment building in Vienna, Austria, 1 520 sq.m - picture 1
  • Property ID on Prian.info: 3330228
    Last update: 28.08.2023
    Number of views: 3616

8 500 000 €

Commercial apartment building in Vienna, Austria, 1 520 sq.m

1520 sq.m 3.8% per year
Business on sale

  • Property ID on Prian.info: 3330228
    Last update: 28.08.2023
    Number of views: 3616

Specifications

Sale price 8 500 000 €
Price per square meter 5 592.11 €
Floor area 1 520 sq.m
Construction phase Resale
Date of construction 1900
Number of storeys 5
Address Austria, Vienna

Business on sale


Finance

Profitability
Annual return 3.8 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%


Description

Object description: a large, representative house with 27 apartments with a beautiful facade, there is a terrace at the top of the building. The house and apartments were completely renovated. On the ground floor there are two cafes: a pizzeria and a bar-restaurant.

Year of construction: 1900s

Yield: 3.8 %

Equipment:

- floors: granite, parquet, stone;

- built-in kitchen;

- elevator

Location: central location in a park area in the 3rd Vienna Municipal District in close proximity to the metro. There are many cafes and restaurants in this area.

District 3 (Landstrasse) he retained the charm of the Habsburg era. There are many magnificent churches, monuments, architectural monuments, including the Schwarzenberg and Belvedere Palaces. Nature lovers can take a walk in the Stadtpark. Foreign embassies are concentrated in the diplomatic quarter.

The most famous landmark of the Landstrasse is the Belvedere, an 18th—century palace that now houses the Austrian Gallery. Other famous places and objects of the district are the Orthodox Cathedral of St. Nicholas the Wonderworker, the Embassy and Consulate of the Russian Federation in Austria, as well as the Vienna City Park (Wiener Stadtpark) — a popular holiday destination.

P. S. For the purposes of confidentiality and in accordance with the conditions of the owner, photos of the object and the exact address are not subject to publication.


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Representative

Alexander Ufnarovski
CEO
Languages: english
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Seller
Alexander Ufnarovski CEO

Estate-Service24

Languages: english
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