Luxury penthouse with 151 m² terrace at living level and panoramic view over Vienna – rented generating €85,816.84 p.a. until 2031

Luxury penthouse with 151 m² terrace on the residential level & panoramic view over Vienna – rented at € 85.816,84 p.a. until 2031

Exclusive investment property in 1190 Vienna | 268,57 m² usable residential area | 174,27 m² terrace areas | approximately 151 m² main terrace, almost level with and directly adjoining the residential area | expansive panoramic view over Vienna | 2 rented underground parking spaces

This exceptional luxury penthouse in the renowned Zögernitz residential residence is offered for sale in one of Vienna’s most sought-after residential locations.

The property combines spacious living at the highest level with the advantages of an already rented premium property. The penthouse is rented on a fixed-term basis until 31.10.2031 and currently generates rental income of € 85.816,84 per year.

An absolute special feature is the exceptionally spacious main terrace, approximately 151 m² in size, which adjoins the main residential level and the living and dining area directly and almost level with them. From here, an impressive, expansive view over Vienna opens up, further emphasizing the special character of this property.

This creates a flowing transition between the interior and exterior – combined with an exceptional panorama over the city, which is rarely found even in high-quality penthouse apartments.

This gives buyers the rare opportunity to acquire an exceptional property in one of Döbling’s most established locations while already benefiting from ongoing rental income from the transfer of ownership.

The residential rent is also indexed based on the CPI 2015, with October 2021 as the base date.

Investment at a glance

• Purchase price: € 3.478.500,00
• Current rental income: € 85.816,84 p.a.
• Lease: fixed-term until 31.10.2031
• Indexation: CPI 2015, base date October 2021
• Usable residential area: 268,57 m²
• Total terrace areas: 174,27 m²
• Main terrace: approximately 151 m², directly connected to the main residential level almost level with it
• View: expansive panoramic view over Vienna
• Underground parking spaces: 2 rented spaces

The combination of an existing tenancy, indexed rent, exceptional property quality and one of Vienna’s most sought-after residential locations makes this property particularly interesting for buyers who wish to invest in a high-quality Vienna tangible-asset investment for the long term.

A particular unique selling point is the size and design of the outdoor areas. The approximately 151 m² main terrace is located directly on the residential level and thus forms an almost seamless extension of the spacious living and dining area. The expansive view over Vienna gives this exceptional outdoor area an additional special quality.

Exceptional penthouse with extremely spacious open areas

The penthouse has a generous usable residential area of 268,57 m² as well as an additional 174,27 m² of terrace areas.

Generous spatial sequences, a ceiling height of approximately 2,82 m, expansive window areas, exceptionally large outdoor areas and the impressive view over Vienna characterize the exclusive nature of this property.

The generously designed main residential level is complemented by an internally connected separate apartment on the floor below, thereby offering an exceptional degree of flexibility.

A particular comfort feature is the direct lift access to the penthouse, which enables discreet and barrier-free access.

Approximately 151 m² terrace on the residential level with panoramic view over Vienna

The exceptional, approximately 151 m² main terrace forms the special centerpiece of the property.

Its special feature lies not only in its size, but particularly in its direct and almost level connection to the main residential level and the spacious living and dining area.

The living space thus continues almost seamlessly outdoors. Generous glazing further reinforces this impression and creates an exceptional connection between the interior and the terrace.

An impressive panoramic view over Vienna opens up from the expansive main terrace. The elevated location provides an exceptionally wide view over the city and makes the terrace a very special area for spending time both during the day and in the evening.

The combination of approximately 151 m² of outdoor area on the residential level, the almost level transition from the living area and the expansive Vienna panorama creates a living experience that is extremely rare even in Vienna’s luxury segment.

The terrace offers ideal opportunities for spacious lounge, dining and outdoor living areas and at the same time conveys the feeling of a private garden at penthouse level – complemented by the unique view over the city.

This exceptional design is one of the property’s key unique selling points.

Key details TOP 16

• Purchase price: € 3.478.500,00
• Current rental income: € 85.816,84 p.a.
• Rented on a fixed-term basis until 31.10.2031
• Indexed residential rent according to CPI 2015
• 268,57 m² usable residential area
• 174,27 m² total terrace areas
• Main terrace of approximately 151 m² directly on the residential level
• Almost level transition from the living area to the terrace
• Direct connection of the main terrace to the living and dining area
• Expansive panoramic view over Vienna
• PBFL: 325,37 m²
• 6 spacious rooms
• Ceiling height approx. 2,82 m
• 2 rented underground parking spaces
• Direct lift access to the penthouse
• Barrier-free access
• Generous window areas and excellent natural lighting
• Internally connected separate apartment
• Additional parking spaces can be purchased or rented subject to availability

High-quality features

The features underscore the exclusive character of the penthouse and combine clear, timeless architecture with modern living comfort.

• Underfloor heating and underfloor cooling
• Air conditioning in the living areas
• Spacious living and dining area
• Open-plan kitchen with representative amount of space
• Generous window and terrace areas
• Approximately 151 m² main terrace directly on the residential level
• Almost level transition between the living area and the main terrace
• Expansive panoramic view over Vienna
• Modern energy concept with air-source heat pump and district heating
• Barrier-free overall construction
• Direct lift access to the apartment

Separate apartment

Another special feature is the separate apartment located on the floor below and internally connected to the penthouse.

It has an independent living area as well as a bathroom and a kitchen. An additional separate access option allows this area to be used largely independently of the main living area.

The unit is therefore ideally suited, for example, as a guest, nanny, staff, youth or home-office area and considerably expands the possible uses of the penthouse.

Luxury property and investment in one

This penthouse combines features that are rarely available in this combination: 268,57 m² of usable residential area, 174,27 m² of terrace areas, direct lift access, an internally connected separate apartment, one of Vienna’s most sought-after residential locations and an exceptional panoramic view over the city.

Particularly noteworthy is the approximately 151 m² main terrace, which adjoins the main residential level and the living and dining area directly and almost level with them.

While outdoor areas in many penthouse apartments are spatially separate, accessed via different levels or only partially accessible directly from the main living area, this property creates an exceptionally generous and flowing transition between the interior and exterior.

Added to this is the expansive view over Vienna, which makes the terrace one of the property’s special highlights. The main terrace thus becomes not only a genuine extension of the living area, but an independent living space with an exceptional city panorama.

At the same time, the property already generates ongoing rental income of € 85.816,84 per year and has a fixed-term tenancy until 31.10.2031 with indexed residential rent.

This creates the opportunity to acquire an exceptional premium property in Döbling today, generate ongoing returns and at the same time secure a high-quality Vienna luxury property for the long term, with an exceptional outdoor-area concept and an impressive panoramic view over Vienna.

Additional purchase costs

In addition to the purchase price, the following additional costs in particular must be taken into account:

• 3,5 % real estate transfer tax
• 1,1 % land register registration fee
• Costs of preparing the contract
• Costs of trustee administration

Contact

Tim Rauter, MBA
International real estate economist
HERZTRAUM Immobilientreuhand GmbH

Email: [email protected]
Tel.: +43 676 44 59 665