Description
For sale is an apartment building with excellent returns and potential for attic conversion in Vienna's 12th district (1120), near the newly built Ribus development! Land area: 568 m² Existing usable area: 825.96 m² (70% of which is leased) Expansion potential: - Loft office/courtyard building (building permit granted) with 80 m² - Attic: Preliminary plans for 4 apartments totaling 377 m² + balconies and terraces. (Plans available upon request) All units are currently leased on fixed-term contracts (all Category A, renovated 10 years ago) Total annual income: €75,672 Return on existing property: 4.5%! Asking price: €1.68 million net (VAT can be deducted) Upon request, I can provide you with the current rent schedule, attic conversion plans, and existing building plans. Asset deal only! Broker's fee: 3% + VAT. Have I piqued your interest? I look forward to your call! Infrastructure / Distances: Health: Doctor <1,000m, Pharmacy <1,000m, Clinic <1,000m, Hospital <1,000m; Children & Schools: School <500m, Kindergarten <1,000m, University <3,500m, High School <3,000m; Local Amenities: Supermarket <1,000m, Bakery <500m, Shopping Center <1,500m; Other: ATM <1,000m, Bank <1,000m, Post Office <1,000m, Police Station <1,500m; Transport: Bus <500m, Subway <1,000m, Tram <1,000m, Train Station <1,000m, Highway Access <1,000m. Distances are measured as the crow flies / Source: OpenStreetMap
