Investment Property in Simmering Prime Location Near U3-Zippererstraße - Hyblerpark

Description

A classic Viennese investment property ("Zinshaus"), featuring a main building with street and courtyard sections, is now available for sale in an excellent micro-location in Simmering. The U3 Zippererstraße metro station is just a short walk away from the property.

Key Details:

• Zoning:
  W III g (street section) and W I 4.5m g BB (courtyard section)
• Approximately in 2013: EPS thermal insulation facade on the courtyard side, roof re-covering, chimneys polished
• Window replacement (plastic-insulated glass)
• Attic: not developed
• Elevator: No
• Common basement available
• 14 apartments, 1 storage, total usable area ~878 m2
• 11 indefinite leases, 610 m2 (69%),
• 2 fixed-term leases (ending 06/2024 and 03/2027), 119 m2 (14%),
• 2 vacant units, 149 m2 (17%)

Annual net rent (excluding VAT and operating costs) ~ EUR 54,000,- (including hypothetical income from vacancies)

Handover subject to probate court approval.

We are happy to provide more details about this property.

Please understand that due to our obligation to provide proof to the seller, we can only process inquiries that include a complete address and phone number.

Other Information

Contract drafting and fiduciary processing are tied to the notary office of the court commissioner of the estate: (Fee: 0.8% of the purchase price plus 20% VAT, plus charges and cash expenses).

Solely commissioned / Exclusive sale:
IMMOTOTAL Real Estate Trust GmbH
Schwedenplatz 2/51
1010 Vienna

Features of this property

Location: