Investments in Austria: Income property in Vienna with a yield of 4% per annum.

№AT-K-3.385

  • €3.385 million

Note: The entire area is leased.

Description

The price of the property: €3.385 million Total area of the building: 1,374 square meters Leased area: 100% Land plot area: 598 square meters Annual yield: 4% net The building was constructed in 1904 in a quiet alley of a residential district in Vienna with limited traffic. It has 30 apartments and 5 floors. All apartments are leased for the long term. The basement is also leased to a music studio, which occupies 6 rooms and two storage areas. In 2000, the attic was renovated, adding several apartments. The building has been renovated several times in recent years and is in good condition, requiring no repairs.

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