EFTA00621608.pdf

Property characteristics Bankgasse 2, 1010 Vienna Property: Baroque palace Year of construction: 1718 Plot no.: 97 District court: Innere Stadt Wien Monument Conservation: Yes Plot size: 942 sqm Building area: 731 sqm Paved area: 211 sqm Number of levels: Basement, ground floor, 3 upper floors, attic Usable space: 3546 sqm(incl. common areas and courtyard 189 sqm) Usage: office Rent term: Definite term until 31.12.2011 Elevator: two Purchase price: € 28.000.000.- Property description The building at the intersection of Bankgasse and Herrengasse is the "Palais Batthyany", which has been constructed from 1683 until 1740 and was last redeveloped in the year 2000. Due to its historically valuable building fabric, the property is a protected building. Prior to redevelopment in 2000, the building had been used by the provincial government of Lower Austria for administrative purposes. The redevelopment as a modern office building included the construction of a new basement below the inner courtyard and the extension of the entire attic. The full scale renovation to contemporary office spaces required the modernisation of all technical facilities like the installation of two elevator systems, ventilation and cooling systems, a pneumatic letter shoot system and banking security equipment. The requirements of the Federal Monument Conservation Agency to preserve the basement arch, constructive parts of the wooden ceiling as well as the whole roof have been fulfilled during the redevelopment. All elements in the outer and inner areas have also been renovated according the original status. Location The building is located centrally in Vienna's first district at the intersection of Bankgasse and Herrengasse between the Burgtheater and Freyung. The location is undoubtedly a first class EFTA00621608 site in Vienna's inner city. The inner city is not only Vienna's geographic centre, but also its cultural, scientific, social and economic heart as the most important banking institutes and retailers can be found in this district. It is also home to the most important government buildings of Austria. Vienna's most important and exclusive pedestrian zone "Kohlmarkt/Graben/Karntner StraBe" (The Golden U) is located close by and the underground stations Schottentor (U2) and Herrengasse (U3) can be reached within short walking distance. The public parking garage at Freyung is just few meters away and is suitable for employees or visitors arriving by car. Disclaimer All information in this document is based on documents and statements by the property holders and their representatives and no responsibility is taken for the correctness of this information. The information in this document has been prepared in good faith. MMI and the seller shall irrevocably assume no liability for the correctness or completeness of the contents of this memorandum, nor for any additional information provided to interested buyers and related third parties, either orally or in writing. The provisions of the Maklergesetz (Austrian Real Estate Broker Act) BGBI. 262/1996 and BGBI. 297./1996 issued by the Federal Ministry of Economy, Family and Youth governing professional conduct and accreditation for real estate agents apply. We ask you to show discretion in the interest of the seller, and shall record that this property first came to your attention through our activities as a real estate agent. Viewings and negotiations shall only be conducted via Mautner Markhof Immobilien and EHL Investment Consulting GmbH. Passing on this investment opportunity to third parties is not permitted. Please note that should a purchase contract involving the aforementioned property be concluded, a commission of 3% of the value of the transaction plus the legally required turnover tax will be due. EFTA00621609 EFTA00621610