The property is located on the outskirts of Vienna with excellent transport links. The proximity to the local Baden-Vienna railway, several bus routes and the A2, A21 and S1 motorways ensure optimal accessibility.
Investment real estate with development potential
For sale is an attractive property with a yield, currently used as a brothel, with a possible profit of about 8%. It is also possible to adapt it for short-term rentals (for example, serviced apartments), subject to obtaining appropriate permits. In addition, the facility has significant development potential as a construction project. The building, built in 2010, is in good condition.
The building includes the first floor and the upper floor with a functional layout. the premises are equipped in accordance with their purpose and equipped with modern sanitary units. The facility is fully equipped with video surveillance and meets the requirements of professional activity.
The design includes insulated exterior walls, plastic windows with insulating glass, aluminum entrance doors with insulating glass and a flat roof. The entrance area is covered and accessible for wheelchairs. A gateway system for discrete and controlled access is installed in the receiving area.
Potential uses
The object offers a variety of prospects for use:
- Continuing as a public institution with an attractive return of about 8%
- Conversion to an apartment hotel or short-term rental (such as Airbnb), subject to appropriate permits
- Use as an office or commercial facility (e.g. services, office, business)
- Demolition and construction of a new commercial project as part of the project development. Preliminary design studies are already available, taking into account both the current permissible building class II and the possible expansion to building class III.
Main advantages
- Instant income on continuation of activities
- Attractive yield of around 8%
- Very good location and transport accessibility
- Land for development with development potential
- Flexible use or construction of a new facility
For more information, I am always ready to help!
Mr. Iles Hakimov
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Indication according to the law on energy passport: the Owner/seller was presented with information about the law in force since 01.12.2012 obliging to present an energy passport when buying and renting a property. The passport has not yet been presented by the owner/buyer. In this case, the power is the energy efficiency figure corresponding to the age and type of the building. We do not take responsibility or vouch for the actual energy efficiency of the property.
Wir weisen darauf hin, dass zwischen dem Vermittler und dem zu vermittelnden Dritten ein familiäres oder wirtschaftliches Naheverhältnis besteht.
Der Vermittler ist als Doppelmakler tätig.