Apartment investment with sunny balcony

Solid location and existing tenancy – a reliable basis for your investment.

Situated on a south-facing slope, this approximately 47 m² large, well-proportioned apartment on the second floor (no elevator) – in the top floor of the building. A benefit that not only owner-occupiers appreciate, but also tenants consistently seek: no one above, plenty of light and a pleasant living atmosphere.

The apartment has been rented for years and is now being sold as an investment property including the existing female tenant. An investment with continuity – without vacancy risk at the start.

The layout is compact and functional. The foyer provides access to all rooms. The living room appears bright and friendly, with direct access to the south-facing balcony. The view and the sunny location provide exactly the quality that makes an apartment attractive in the long term.

The bedroom is located north-west and offers a pleasantly quiet orientation within the residential complex – a good retreat, clearly laid out and easy to furnish.

The kitchen and bathroom are stylistically from the 1980s, but are in well-maintained condition. Especially for investors, there is medium- to long-term potential here for careful modernization and thus for appreciation.

The location underscores the investment quality: good bus connections, in a few minutes to the center of Klosterneuburg, basic services in short distance. The combination of green location, south-facing slope and proximity to the center ensures stable demand in the rental segment.

A modest apartment size, a proven layout and a sunny orientation – factors that will also remain well rentable in the future.

Investment facts at a glance

• Current gross rental income: € 800,--/month, thus annual gross income of: € 9,600,--
• Lease agreement limited until: 31.01.2029

(Detailed documents on the tenancy we will of course gladly provide upon concrete interest.)

If this investment has piqued your interest, we look forward to your contact and will gladly provide you with all details.

The price: € 165.000,--Information pursuant to legal requirements: Heating energy demand: 47.1 kWh/(m²a) Class Heating Energy Demand: B

Note due to the current coronavirus situation:

For the companies in the field of the Association of Real Estate Trustees and Asset Managers (Real estate trustees and debt collection agencies), it is strongly advised from 16 March 2020 to suspend any personal customer contact, including field service (such as inspections or visits by field staff - debt collectors).

The regulations apply from 16.3.2020 to 13.4.2020.

It is about the health of all of us, therefore we have decided to comply with these measures for the coming weeks and ask for your understanding. Of course you can still reach us very gladly by telephone, email, WhatsApp or video conference; we now have plenty of time to chat :-)