DATA

Property GSTNRn: 5340/4 in EZ 7124 - 1,461 m²

Cadastral municipality of Lustenau: 5338/1 in EZ 6124 - 2,357 m²

5338/2 and 5339 in EZ 1102 - 3,785 m²

Total land area: 7,603 m²

Rental income: approximately € 275,000 net per year

Zoning: BB-I industrial area and FF open space (special zoning)

Development plan: properties not included

Servitudes/encumbrances: see land register extracts

Access: public road

Power supply: Vorarlberg Netz AG network

Water and sewage connections: public utility networks of the municipality of Lustenau

PURCHASE PRICE

Purchase price on request

MONTLY OPERATING COSTS

depending on consumption

ADDITIONAL COSTS

3.5% real estate transfer tax

1.1% land registration fee

Contract drafting costs including trust management

Brokerage fee

LOCATION AND PROPERTY DESCRIPTION

The economic location of Vorarlberg is one of the strongest economic regions in Europe. As a strongly export-oriented federal state, Vorarlberg is closely linked to the global economy. This benefits the economic location with a high diversity of industries and a wide range of different economic sectors. Vorarlberg has a high-performance industrial core, a competitive trade and craft sector, and an innovative and creative service sector. The diversity and industry diversity are the main strengths of the Vorarlberg economic location and a central factor for the resilience of the Vorarlberg economy.

This ideally developed commercial area is located in the best location in the northwest of Vorarlberg. An autobahn access is nearby, making the metropolitan areas of Zurich, Munich, and Milan accessible in a few hours. The quality of these representative properties offers significant advantages for many company locations.

The properties for sale have a total area of 7,603 m² according to the land register extracts and have a BB I zoning (as well as an FF zoning with special zoning). Areas designated as BB I (extract from the spatial planning law) are commercial areas where "non-substantially disturbing operating facilities" may be located. Permitted are businesses that do not cause strong emissions, noise, or odors. Also allowed are business-related apartments for supervisory or maintenance personnel, as well as infrastructural and social facilities for those employed (e.g., canteen, sanitary facilities).

In industrial areas category I, the following may not be built:

• Residential buildings for general residential use (except personnel apartments)




• Sports or leisure facilities




• Large-scale retail

The municipality of Lustenau has no development plan in this area - discussions with the municipality are to be held when planning new buildings on the properties.

The properties include an office building of approximately 340 m², a hall (including office) of approximately 700 m², a covered area of approximately 200 m², and large open spaces. Next to the hall, there is also a gas station. The hall was built around 1986, the office building and the flying roof were built around 2003. The outdoor area is partially paved and is used as a storage or parking area and as a maneuvering area. The area is completely enclosed by a concrete wall.

With a full rental of the area, a total annual rent of approximately € 275,000 net can be achieved.

Photos provided by the seller.