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Office Complex In The City
Location: Austria -> Vienna
Industry: Real Estate > Other Real Estate

Business Summary

Office Complex in the city of Vienna.The office complex was built in 2009 and is in excellent condition .. The building has 7 floors + underground and top floor (roof). The total area of ​​office space is 40 000 sq.m. Ceiling height from 2.80 to 3.20 meters. Underground parking is designed for 360 cars. Land area - 14 300 sq.m.Vienna - the federal capital of Austria and also one of the nine federal provinces of Austria, is located inside the other land, Lower Austria. Located in the eastern part of the country.

Vienna's population is 1.73 million people (as of 2012); together with suburbs - about 2.3 million (more than 25% of Austria's population); thus, Vienna is the largest city by population in Austria, occupying the eleventh place among the largest cities in the European Union. Cultural, economic and political center of Austria.The office complex is located in the rapidly developing commercially attractive area, 1 minute from the motorway number A23, a 10-minute drive from the city center and 15 minutes by car from the airport.

The project cost - 110 million euros. The agency fee is 3.57% of the purchase price (gross). Profitability at the moment - 5.8% per annum and 6.5% per annum since 2017. Leased more than 90% of the area. Each of the leases provided for an increase in rent. The documents are ready to deal. Additional information is available upon request.


Asking Price Range:  > $35.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2009
Number of Employees:  > 200
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale


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Print Listing Id: 700265763
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